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Wednesday, October 21, 2020 6:16:54 AM
These prices were for a basis to calculate the anticipated earnings of the merged companies.
As of now Corn is at $411.88 and ethanol at $1.469 that’s 130.8% and 136.% respectively for the two.
The Ethanol rack price continues to close the divergence between itself and ethanol futures.
https://neo.ne.gov/programs/stats/inf/66.html
Information is something to watch as it could affect the coming merger.
Oldrogue.
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