NEWS
Ethanol Blog
Rick Kment DTN Analyst
Thu May 14, 2015 05:09 PM CDT

Moderate-to-strong buyer support continues to develop through nearby ethanol futures comments. Traders are looking for additional longer-term support based on recent gains and inventory tightness in gasoline markets.

June ethanol futures rallied 2 cents per gallon Thursday afternoon following the strong shift higher in corn prices through the session and continued buyer activity in RBOB gasoline markets.

The focus through the complex remains focused on upcoming demand needs ahead of and surrounding the Memorial Day holiday. Front-month June futures closed at $1.665 per gallon. This move has pushed prices to 2015 highs, and the highest price since the Dec. 15, ...

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