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JonSCKs

Posted 8/27/2015 07:38 (#4755657 - in reply to #4754548)
Subject: other than.. continues ahead of WASDE.

"Nothing bullish in the report.." other than we continue on pace to exceed the WASDE.

However as Ray J points out above with the announced closing of a 10 myn (small) plant in Wyoming.. the grind appears on track to slow..

We are entering off peak where ethanol demand will become more reliant upon exports..

Remember that ethanol trades in the Octane market.. Ethanol free gasoline is still trading over premium here.. RBOB falling below ethanol is not a rosey outlook.. but gasoline is a cocktail of products of which the Octane must be sourced from somewhere.. ethanol is still the cheapest source.

Edited by JonSCKs 8/27/2015 08:02

Petroleum stocks down 5.5 myn bbls.. - JonSCKs : 8/26/2015 10:37
- RE: Petroleum stocks down 5.5 myn bbls.. - JDPlowboy : 8/26/2015 10:39
- Now for the rest of the story - Tara Farms : 8/26/2015 11:50
  - Correction: Crude Oil production IS NOT increasing.. - JonSCKs : 8/26/2015 12:42
    - Furthermore, even the EIA admits that it is overstating production.. - JonSCKs : 8/26/2015 13:04
    - because of the build in products - Tara Farms : 8/26/2015 15:26
      - No. - JonSCKs : 8/27/2015 07:26
- Weekly ethanol update.. - JonSCKs : 8/26/2015 12:55
  - RE: Weekly ethanol update.. - Sat : 8/26/2015 13:47
    - There was no bullish news on eia report - Tara Farms : 8/26/2015 15:33
      - other than.. continues ahead of WASDE. - JonSCKs : 8/27/2015 07:38
- RE: Petroleum stocks down 5.5 myn bbls.. - Buddy Man : 8/30/2015 18:41

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