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Waterloo85

06/02/14 12:19 PM

#25605 RE: kel3 #25595

Rule,

A daily Ethanol report is published from all the major hubs by progressive fuels. www.progressivefuelslimited.com/Web_Data/pfldaily.pdf

I have mentioned it before but not provided a direct link.

Pacific Ethanol's major customers are integrated oil companies and I think their single largest customer is Chevron which has several large refineries in the west. They may sell at rack through Kinergy, but not to people blending major quantities. At several calls now they have mentioned LA hub prices now with references to their reveneue. Their last 5-6 quarters have tracked an average of 70% LA prices, and the 30% CBOT; probably reflecting that some of their eastern most plants do not receive LA pricing.

The USDA publishes a weekly grain report here:
http://www.ams.usda.gov/mnreports/lswcagrain.pdf

And the prices listed for Stockton have pretty much nailed the PEIX delivered corn price since I have tracked.