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USA | You sure seem kind of testy.
I am not cheering on E or drinking any type of KoolAid, that is hoping for the demise of feed demand from the livestock industry. Simply stating the fact that E- RBOB spread has narrowed around 40 cents gal recently and E is about par with RBOB on the defereds. Seems like somebody doesn't want to kill the Golden Goose and is willing to pay more for E to try and keep the E plants producing.
Have been meditating on the corn production problem that appears to be a reality, in the last week. Have come to the conclusion ,solutions to help fix it aren't all that complicated, if some common sense approach was used. One of them is to leave E plants alone and let them keep pumping out product, without harming the livestock folks.
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