Nebraska aka the boondocks | Could someone breakdown the economics of an etol plant, since there is so much talk of them shuttering production.
1.) what percent of profit do ddg's represent to the plant? How far in the red can they operate making etol if ddg's are profitable?
2.) how does the mandate affect profitability? If the spot price is a loser, then what is the markup for the mandate gallons?
3.) what about the export market? Is selling to brazil better than selling spot here?
As a farmer, I am pretty ignorant here, lol... But it seems to me that the downside on demand here should be limited, considering the mandate, but I really have no idea, just skipping through the tulips, thought someone could break all this down for me... thanks in advance. |
Etol plant economics
