Posted 8/28/2015 12:21 (#4757803 - in reply to #4757661) Subject: Forgot to answer your questions
Adams, NE
Corn is down, making basis ownership more difficult.
Margins are better as supply is relatively tight. August will definitely be better than June and July margins.
as far as corn vs. sugar cane ethanol. They are same molecule and ultimately have similar economics. Fixed costs on sugar cane ethanol is really high per gallon compared to corn. variable cost per gallon is much lower than corn.
Chinese ethanol imports...hey Sat!
