Going INTO the Summer Driving season.. WHICH corresponds with the SUMMER Weather Markets when both Corn AND Ethanol could go up.. THIS IS GUT Slot for Ethanol.. it's as cheap as it's going to get.. now. Usage is going to increase.. production as we work through the available stocks of corn.. Which with revisions to exports of about 150 to 200 myn more vs WASDE and the ethanol grind.. which so far is running another 150 to 200 ABOVE pace..will lower stocks another 300 to 400 down to 1,450'ish The Trade has to BUY more corn acres.. 80% of this time last year.. wanted 93.. on pace for 86. |