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Re: wadegarret post# 27602

Monday, 11/17/2014 12:25:36 PM

Monday, November 17, 2014 12:25:36 PM

Post# of 30378
Co-products = corn oil plus wet distillers grains sales. It's 30% taken off the total cost of corn that's incorporated in the formula I just posted.

No one publishes the wet distillers grains prices for the California market. Nor do they publish the corn oil price for California. The Mid-west values for corn oil, distillers grains and ethanol reflect a different dynamic than the one PEIX markets into.

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