Alto Ingredients Inc (ALTO)

[Rule_62]

An interesting tidbit of information gleaned from the general discussion contained in the USDA Daily Ethanol Report:

Distillers values traded mostly steady, instances of 5.00 higher in some areas of the Eastern Cornbelt. Ethanol plants continue to maintain limited inventories. Corn basis values have showed signs of support throughout the reporting areas. A portion of this advance is derived from recent winter weather that has halted deliveries to some locations. Trade is anxiously awaiting next weeks' supply and demand report.

If they're having difficulties getting corn delivered, I would expect that to also suggest they're having difficulties shipping ethanol out . . . Now I'm not suggesting this is the beginning of a cycle the likes of which we saw last year, but some weather-forced slow-down on production would sure help the inventory situation . . .