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Ethanol stock
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pigfarmer82
Posted 10/28/2020 06:10 (#8570873 - in reply to #8570863)
Subject: RE: Ethanol stock


north central Ohio
I talked to a grain buyer for the local coop yesterday and said they had a meeting that day with an ethanol plant manager and sounds like unless corn prices come down or oil comes up the current corn price is not very supportive. Not sure if it matters for your stock but in the short term it sounds like ethanol plants can't buy a lot of corn at these levels.
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