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Ontario's middle east | I do think e futures did get overheated as the chart was going parabolic. I'm not sure if there is more going on there or not. Rays comments about the possibility of imports crushing the inverse in NY perked my ears up a bit and wonder if something is going on there. I would defer to Ethanol Insider on that side of it. As far the effect on corn basis, I would say not at this point, the crush margin is still good enough to run. Getting rid of ethanol is a different story for some plants.
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Ethanol---one ugly chart.
