Thursday, July 31, 2014 12:39:58 PM
So to sum up, the GM's in Q1 were about as high as they can go due to the rail car situation, corn crush spread, etc. Q2 came back down to Earth but were still very good. Going forward, we are looking for more "really good" GM's.
My take is that we silly investors used the Q1 GM's as a standard from which to model our projections for Q2... and we were a bit off base.
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