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Ethanol tumbles against gasoline as cheaper corn boosts output

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Ethanol tumbled, widening the discount to gasoline, as cheaper corn enabled distillers to boost production of the biofuel. The spread widened 7.38 cents to 79.99 cents a gallon, the biggest one-day expansion since Oct. 4. Pratt Energy said Oct. 24 that it restarted operations at a plant that was idle for more than five years. “There’s been news of plants coming back online,” said...