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Re: None

Tuesday, 09/30/2014 2:24:40 PM

Tuesday, September 30, 2014 2:24:40 PM

Post# of 30378
Just got back to see the current ethanol situation. PEIX, REX & GPRE all down, with PEIX taking the brunt of it. At the same time, corn is falling like a stone, while ethanol appears to be holding it's ground. The Q3 production margin for PEIX is $1.025 and according to yesterday's press, ethanol exports are heating up. On top of that, unless the price improves dramatically before the close, any remaining warrants will produce a non-cash credit.

As for the corn story . . .

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