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Re: the cork post# 1026

Thursday, 08/20/2009 6:05:35 PM

Thursday, August 20, 2009 6:05:35 PM

Post# of 1746
cork - crush spread yesterday = $1.20. The spread is rising lately. The corn/ethanol price ratio has been steadily improving.

Good site for corn crush, CBOT corn, CBOT ethanol:

http://www.ethanolmarket.com/

The last month or so looks pretty good for net profit.

The spread was down in the $.30 to $.40 range for months. Low cost producers have positve margins now. Excess RINs are not killing the physical ethanol market any more.

I dont know why the spread would be lower in March. If we get the increased yield corn will be down and fuel price will hold or go up.

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