Replies to post #25340 on Alto Ingredients Inc (ALTO)

[Rule_62]

Yesterday's national spot cash price for corn was $4.4337
That's down $0.3446 in 3 weeks.

Yesterdays' national spot price for ethanol was $2.7030
That's down $0.1154 over the same time period.

Perhaps more important, the corresponding numbers from the last crush spread update were for the week of May 5th - 9th. As Kel reported, that spread was $0.48. Based on the records I've been keeping, that should pop back up close to $0.60 for the week of May 12-16th, and if this week continues the way it started, it should be in the 70-80 cent range.

At this pace, Q2 is easily going to outperform Q1. Time will tell soon enough :D