First will be the big possibility of oil production gluts becoming so bad that storage becomes a serious issue and possibly gets exhausted, leading to a further, really ugly collapse in oilprices (too much production, no more place to store it). Pedro de Almeida wrote an article within the past 48 hours at S.Alpha which was the first one i've seen to really explore the storage issue. The "no more storage" could possibly come within 3-4 months as i recall him writing. See http://seekingalpha.com/article/2916756-why-crude-oil-prices-will-have-to-fall-hard
In that scenario of oil down at $30 or less because of no more storage, i think ethanol would be at $1.20 or so and REX down to low $40s. (I shudder to think what GPRE and PEIX would be at.)
I'm waiting to see if this looks like the scenario that is indeed going to play out and that's when i'd be looking for a bottom for ethanol and possibly buying REX again.
Market Data 
Markets 
AI
