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Re: Dutch1 post# 28213

Thursday, 01/08/2015 2:06:40 PM

Thursday, January 08, 2015 2:06:40 PM

Post# of 30377
Some numbers: Q3 vs Q4 (averages for each quarter)

Corn (CBOT near futures)
$3.596 vs $3.724

Ethanol (Cal Terminal)
$2.253 vs $2.126

Calculated margins
$1.008 vs $0.847

The Q3 margin is not adjusted for actual reported PEIX numbers paid/received. The actual Q3 margin was slightly lower. I kept the numbers unadjusted to keep the basis for comparison the same.

Difference between Nebraska Plant Price & Cal Terminal price
$0.281 vs $0.278



BTW for those who don't keep track for themselves, I have the PEIX margin coming in @ $0.25 yesterday.
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