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The JD low
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BShauler
Posted 2/12/2016 17:51 (#5107182 - in reply to #5106091)
Subject: RE: The JD low


North Central Iowa
senodak - 2/12/2016 08:41

BShauler - 2/12/2016 07:05

Its still coming. The ethanol boys are about to feel what the shale producers are going thru. Everybody is holding corn for a spring rise in prices. Here E-10 is still about $.20 cheaper than straight gas. Wait till you see what happens when straight gas is cheaper than E-10 at the pump. 90 % of the people pickup the handle that has the cheapest price. The blender guys used to make $.20 to $.50 a gallon on ethanol now they are losing money on it.


How does that happen with the RFS in place. If 90% of the people pick up the handle for straight gas that's going to create a huge RINS problem I would think.


It means that the refiners are going to buy ethanol a lot cheaper than it is today. RINS will have nothing to do with it. They can't hold a gun to the consumers to buy something that is more expensive.
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