NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Mar 28, 2013 03:14 PM CDT

Ethanol futures posted sharp double-digit losses as corn futures remained locked in limit-down trade following the release of the USDA report. April futures fell 13.2 cents per gallon, closing at $2.451 a gallon. This sharp shift lower in prices was seen through all summer contracts with 13 cent losses seen through July contracts. Traders once again focused on the cost of production instead of potential summer demand. Traders are looking for additional direction early next week as to the future direction of the corn market.

RBOB gasoline futures mixed Thursday as traders closed the books on both the month of ...

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