DTN Daily Ethanol Comments
Rick Kment DTN Analyst
Fri Feb 7, 2014 03:57 PM CST

Ethanol futures continue to firm following the renewed support in RBOB gasoline and crude oil markets Friday. Moderate to strong gains developed through the entire complex, although front-month futures still outpaced gains seen in deferred contracts. March futures posted a 3.8-cent-per-gallon gain, closing at $1.957 a gallon. The price premium between the March and April contracts remains narrow at 2 cents per gallon, while prices through the late summer months are holding a 15-cent-per-gallon discount to front-month futures. Traders are looking for increased support from outside markets as the look for not only short-term but long-term direction in the market. ...

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