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grimreaper

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grimreaper

Re: MrPoppaGeorgeo post# 29337

Wednesday, 01/25/2017 2:25:47 PM

Wednesday, January 25, 2017 2:25:47 PM

Post# of 30375
The margins have fallen significantly in Jan.

I use the formula of 2.8 x price of ethanol - price of bushel of corn.

The margins in Dec 2016 was about $1.02.
The margins for Jan 2017 is averaging about $0.58....today that number is about 40 cents.

Is this a typical January cyclical downturn, or is it weather related......not sure.
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