DTN Daily Ethanol Comments
Fri Jan 10, 2014 03:42 PM CST

Ethanol futures followed the corn market higher Friday after a bullish USDA supply and demand report posted corn stocks and production under expectations. This pushed March corn futures nearly 21 cents per bushel higher. The lack of resistance at the end of the week helped to draw increased buyer support into nearby ethanol futures. February ethanol futures posted a 3.8-cent-per-gallon rally, closing at $1.963 a gallon. March ethanol prices posted strong gains also, increasing 4 cents per gallon. There remains uncertainty about just how much follow-through support will develop in either the corn or ethanol markets early next week. But ...

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