Ethanol’s Discount to Gasoline Widens Most in Six Weeks
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Ethanol’s discount to gasoline widened the most in six weeks with returns for making the biofuel at the year’s high.
The spread expanded 11.74 cents to 56.11 cents a gallon as ethanol slipped for the first time in seven days and gasoline rose 2.8 percent. The corn crush spread, or the difference between ethanol and the corn needed to make it, rose to 66 cents a gallon, the highest level this year.