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Ethanol industry asks for help. CCC direct funds.
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JonSCKs
Posted 4/6/2020 10:24 (#8169299 - in reply to #8169251)
Subject: 500 k bbls per day.. 50% is.. 20 cents on the dollar vs the way we did it in the 80's


500 k bbls per day or around 50% capacity would run.. like.. 

500 x 42 = 21 myn gallons / 2.8 conversion = 7.5 myn bushels per day x 7 = 52.5 myn per week

52.5 million x $1 = 52.5 million x 52 = $2.73 Billion

vs like at the producer level.. 14 byn bu crop.. x $1 = $14 Billion.

Accomplishes basically the Same thing.. BETTER since you can adjust the grind and payout by week.. 

13 wks at 50% x $1.00, 7 wks at 75% x $0.50.. 52 weeks at 85% x $0.25 etc.. and so forth..

for $0.20 on the dollar vs the WAY we DID it in the 1980's.. AND you DON'T have to IDLE 33% of the Corn land base because you DON'T have A HOME to PUT IT!!

This is a NO BRAINER PEOPLE

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