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Tuesday, 11/11/2014 5:20:29 PM

Tuesday, November 11, 2014 5:20:29 PM

Post# of 30377
More evidence of supply issues from the PFL daily report:

"Railcars for this week shipment out of Nebraska on BN rail line traded at $2.05 late in the day."

The prices reported by the USDA on Friday for Nebraska plant sales was $1.83. CBOT has only gained 2 cents over Friday's price. Nebraska is the closest Midwest ethanol producing state. California terminal price is surging, rack prices for the western states are surging, prices for what would most likely be shipments destined for western states are surging . . .

You get the feeling that West Coast inventories will be down a bit in this week's EIA report?
Volume:
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Total Trades:
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  • 6M
  • 1Y
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