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Buxton ND | OK what side of the Ethanol Industrial are you in ? Butane is ONLY in the colder months and more so this year because of high stocks and a much cheaper price then normal. Can you post a spread chart ? How about a graph on imports and exports. The point I'm trying to make here is our biggest user of corn has had poor margins for months and there has been plants close the doors.
You say its fixed at 10 % but then you say look at long term averages right ? Long term average IMO mean nothing when we're only 11 months in without the BTC and NO import Tariffs......
How about the numbers on stocked RINS equaling back to millions of bushels of corn | |
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May/Partner
