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Monday, 07/23/2012 10:21:03 PM

Monday, July 23, 2012 10:21:03 PM

Post# of 30377
I emailed Mario Parker at Bloomberg



Not Telling You How To Do Your Job Mario,but this Isnt Even Funny


Producers are losing 35 cents on each gallon of the biofuel made, based on the September contracts for corn and ethanol, according to data compiled by Bloomberg.
http://www.bloomberg.com/news/2012-07-23/ethanol-declines-for-third-day-on-concern-inventories-stay-high.html


Sept. Corn,They Cant Even Take Delivery Till Sept. How Are They Making Ethanol With It Now?
not to Mention there Is No Telling if Ethanol Is Being Sold for Spot,Sept.,Dec.ect...

NOT Possable to buy Sept. Futures & Use the Corn to Produce Ethanol Today

Basing Todays Margin Guess On Todays Futures Cost Is STUPID!

Sept. Corn Not Being Bought Today for Use Today ?

Any Ethanol Being Made Today Is Being Made from
Previously Purchased Corn


Why Would Any Ethanol Producer Buy Here (Link)
http://barchart.com/chart.php?sym=ZCU12&style=technical&template=&p=DO&d=M&sd=07%2F19%2F2012&ed=07%2F23%2F2012&size=M&log=0&t=BAR&v=2&g=1&evnt=1&late=1&o1=&o2=&o3=&sh=100&indicators=&addindicator=&submitted=1&fpage=&txtDate=07%2F23%2F2012#jump

When They Had Plenty Of Time To Buy Here (Link)
http://barchart.com/chart.php?sym=ZCU12&style=technical&template=&p=DO&d=M&sd=05%2F01%2F2012&ed=06%2F11%2F2012&size=M&log=0&t=BAR&v=2&g=1&evnt=1&late=1&o1=&o2=&o3=&sh=100&indicators=&addindicator=&submitted=1&fpage=&txtDate=07%2F23%2F2012#jump

The Fact Is,If You Read GPRE,ADM,VLO,PEIX 10Ks They Hedge Thier Corn to Mittigate Risk & The Ones That Didnt Hedge Correctly
Have Already Shut Down Or Slowed Production.The Companies With Ethanol Plants Still Running Hedged Correctly Or Still Have Enough
Supply from Previosly Purchased Corn.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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