NEWS
DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Thu Nov 7, 2013 04:12 PM CST

Ethanol futures focused on the direction of the corn market through most of the trading session and not where prices closed at the end of the session. Moderate buyer support redeveloped in the complex with December markets leading the move higher with a 2.8-cent-per-gallon rally. This pushed prices to $1.635 a gallon in moderate trade even though corn futures ended the session mixed in a narrow range. Other nearby ethanol contracts posted gains of 1.2 to 1.3 cents per gallon as traders look for additional longer-term support from the market.

RBOB gasoline futures posted losses Thursday. What looked like buyers ...

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