NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Mon Apr 1, 2013 04:35 PM CDT

Ethanol futures prices slipped sharply lower following another round of aggressive losses in the corn futures market. The limit-down corn futures market on Thursday set up the ability for limits to expand to 60 cents per bushel on Monday. Through much of the afternoon it appeared that this expanded limit level would be met. But corn prices pulled back from session lows, to close 53 cents per bushel lower. This is a two-day total loss of 90 cents per bushel. The additional pressure pushed front-month futures 9 cents lower, closing at $2.361 per gallon. This broke through the February lows, ...

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