Thursday, July 24, 2014 9:12:34 PM
I'm referring to this
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104513490
I record the daily/weekly prices as appropriate and post that summary every Monday
I work with the weekly grain and ethanol prices as well as the production margins for Iowa and Illinois published by the USDA, the daily rack prices reported by DTN, the daily CBOT corn and ethanol numbers, as well as the daily National Corn Index and the Minneapolis Grain Exchange cash corn prices. I've been getting the daily California Terminal prices from the PFL daily newsletter, but of late their numbers seem to be off for California. Like today, the number they posted for Cal matched the NY harbor late day price (which would of been a drop of almost 20 cents).
Without a reliable Cal Terminal price, I won't be able to continue calculating the estimated PEIX production margin based on their formula.
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