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Rule_62

Re: None

Monday, 10/27/2014 10:28:37 PM

Monday, October 27, 2014 10:28:37 PM

Post# of 30377
California ethanol now above $2.00, PFL reported the bid/ask @ 2.00/2.03

PFL Daily Report

I would expect a further increase tomorrow, as today's California pricing did not fully reflect the CBOT price gain.

For those who are interested, the PEIX gross production margin for today was $0.761/gal (or 1.36/bu). After allowing for plant operational costs, that should net out somewhere around $0.28/gal.
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