Posted 2/5/2014 14:39 (#3665006 - in reply to #3664913) Subject: Re: Ethanol exports.. Another good week.
Northeast Nebraska and Candelaria Philippines
I would say that the 1.60 in ethanol futures prevented many plants from forward purchasing corn. This has lead to these plants having very little corn coverage for the summer months.
I know we can talk and talk about spreads and basis..... but I think this thread illustrates another good reason we have a chance at an improving basis this summer.
Ethanol exports.. Another good week.
