Ethanol futures gained light support from the renewed support in the corn market Wednesday. With outside markets had strong gains, strong support was seen in the corn market, which pushed prices 7.75 cents higher. This move higher in expected production costs helped drive prices on the futures market moderately higher. The most significant gains were in December contracts, which rallied 2.3 cents per gallon. September contracts posted a 0.6-cent per gallon gain, to close at $1.944 per gallon. The tone of the market remains strong, given the expected strong upward movement in the corn market over the near future.

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