Ethanol Blog
Rick Kment DTN Analyst
Mon Nov 24, 2014 02:53 PM CST

Ethanol futures moved in different directions Monday as traders seem to be taking a split approach to the overall outlook of the market.

Nearby contracts posted light to moderate gains with spot month futures surging ahead and rallied 2.1 cents per gallon. This pushed prices to $2.081 a gallon, with traders looking for additional tight short-term supplies through the Thanksgiving holiday season.

But the aggressive support in front-month futures are becoming much longer in the tooth as spreads are widening significantly. This price shift which has developed over the last two weeks is putting even more focus on gaining immediate ...

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