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Adams, NE | Without the Advance RINS, Brazilian ethanol would not work into the US. 35 to 60 cents per gallon sure covers a lot of freight and production costs. The Brazilian ethanol opportunity is going to start declining and right soon.
You forgot to add high corn basis levels, poor DDGS demand, weak ethanol basis, high tanker car costs, inadequate capital structure for some to your list of challenges. There is definitely a difference between the have's and have not's in the ethanol industry this year! | |
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