Ethanol Margins, Basis, and Production Improves
Aug 07, 2013
Ethanol production improved 21,000 BPD this week and stocks increased as well. Part of the increase can be attributed to margins moving to about $2.53 a bushel for Iowa. As a result of better margins, basis has improved at ethanol facilities too. Domestic ending stock estimates are examined ahead of next Monday's USDA report. Tomorrow the export sales report is released at 7:30 AM CT. Tune in for a breakdown of these topics and more. Visit us over at GrainHedge.com and take a no obligation trial of the platform used on the GrainTV broadcast.
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