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JonSCKs
Posted 11/22/2018 11:40 (#7121255 - in reply to #7120467)
Subject: Implied exports are actually pretty good.


 I went back and looked at the usage numbers.. and the 1,223.4 k barrels the week of 10/26 is actually a record disappearance.  where we've had 287 k barrels per day of implied exports.. that week..  and 217 k barrels per day this week.. those are pretty good numbers.

If we continue at this pace.. we will start seeing stocks below a year ago.. next week.. probably no matter what.

The bottom is probably in for ethanol prices..



Edited by JonSCKs 11/22/2018 21:05
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