InvestorsHub Logo
Followers 184
Posts 11456
Boards Moderated 0
Alias Born 01/25/2010

Re: researcher59 post# 26925

Saturday, 09/20/2014 12:53:03 PM

Saturday, September 20, 2014 12:53:03 PM

Post# of 30375
R59, I saw that article when it first came out.
Beyond the issue of the 10% blendwall, which the ethanol industry and Obama White House are evidently trying to push to at least 15% (given the safety of using E15 blends on all cars made since 2001), the big issue is how much extra export-demand will come in, and how soon, with USA-ethanol now down at lowest levels since 2010?

Note the last paragraph of that article you linked:

Implications

With generally good growing conditions and prospects for a large U.S. corn crop, the expectation is that corn prices will remain well below the levels experienced in 2012 and 2013. Lower corn prices in turn, have been expected to result in declining ethanol prices and a return to more normal profit levels for the domestic ethanol producers. However, it appears that the recent surge in net ethanol exports has prevented those expected declines. If that is the case, prospects for ethanol trade will continue to be a crucial factor in determining ethanol prices and production profits. This in turn can have important implications for usage of corn in ethanol production.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ALTO News