Ethanol Margins Jump

[errolanderson]

Of interest, there has been a solid rise
in ethanol processing margins over the
past few days. Combo of lower corn /
wheat prices plus firm crude oil values
have driven margins to the highest level
in 15 months.

Ethanol prices in the U.S. have surged
from $2.30 to $2.60 per gallon in the
last two weeks.

If margins hold, this should hike grain
demand into plants . . . crude oil
prices must hold up (IMO).

[gustgd]

Errol. I heard something about the subsidy to
Saskatchewan ethanol producers be.ing reduced
yesterday in the Sk budget. Will we see anything
today in the Federal budget?

[sumdumguy]

Interesting that the immigrants are voting
conservative, very interesting, would wonder how
he knows that. I thought they are voting Liberal.

[Horse]

Just a thought $112.9 gas here today.

[Oliver88]

His book could be a good read, no doubt a the
shift from east to west going on and the west is
the new center. Many Easterners don't want to
accept the fact the west now runs the country
economically.

I am not too sure about his post-nation theory...

[bucket]

Ground breaking news, Trudeau knew that and didn't like the fact, so he implemented the NEP.

There is a reason why Justine Trudeau is the liberal favorite.