Dutch, this price sounds about right for the next quarter or so. Higher after that imho.As rbob tracks wti and ethanol tracks both, this implies a possible 20% ipside on ethanol bringing it back to about $1.80. Margins ok with that assuming current corn and byproduct pricing.
Seasonal demand increases will help price too.All in all should mean significant sp upside for ethanol stocks later this year. I have not re entered yet, but April or so might be the time to do so if not sometime in March.
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