Q1-Q2 2013 should see increase in ethanol sales prices. Last year's drought also increased the cost of corn due to poor crops. The outlook on ethanol looks outstanding from a demand aspect, and a simultaneously improving corn yield would also drive down cost of corn further improving the cost associated with ethanol.
What's more, we all know of ongoing legislation aimed to increase biofuel (ethanol) dependence in the US. This will be a huge bonus to if government subsidies increase in continued support of the industry.
I am buying this in the mid .30s and holding for 3-6 months. Should yield a descent reward IMHO.
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