Friday, July 29, 2016 3:41:46 PM
I never gave the SA article much credence as they used generic mid-west crush margin values for their predictions.
LCFS credits were lower because they sold some. I think any guidance at this point for Q3 would be rather moot, things are just too volatile. Between the potential movement in the price of corn due to changes in the crop forecast and the volatility of oil, might as well throw darts lol.
So far I show Q3 to be coming in with close to the same as Q2 for ethanol & co-products. That's in large part based on excellent performance in the first 2 weeks of July.
LCFS credits were lower because they sold some. I think any guidance at this point for Q3 would be rather moot, things are just too volatile. Between the potential movement in the price of corn due to changes in the crop forecast and the volatility of oil, might as well throw darts lol.
So far I show Q3 to be coming in with close to the same as Q2 for ethanol & co-products. That's in large part based on excellent performance in the first 2 weeks of July.
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