GPRE beat the street on earnings.. proceeding on export terminal build out Looking for 1.1 byn gallons of ethanol exports this year for the industry despite China cutbacks..
( https://finance.yahoo.com/news/green-plains-sees-2017-u-172210065.ht... )
They are also amazed at the grind pace.. the industry has not run out of grain stocks yet.. probably from producers pitching inventory to pay bills.. but the slow down is coming.
I'm fairly confident now that USDA overestimated the US Corn crop size.. ADM saying that US Farmer has 60% of crop left unpriced.. LOL.. maybe sold 60 percent is closer to truth??
Wheat rally didn't start until the farmer was sold out either...
"same ol samo."
( https://www.youtube.com/watch?v=NywWB67Z7zQ )
"First you wanna go to the left.. then you turn right.."
Edited by JonSCKs 2/10/2017 01:49
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