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Posts posted by cessna

  1. This is some more BS. I remember not long ago the commodities broker saying there was no way beans could go up and they went up about $1.50 since he told me that. Now this.


    It appears that overbooked Chinese soybean importers have diverted shipments to the United States, split between deliveries to the East Coast and the Gulf of Mexico.


    Senior Analyst Darin Newsom said. "The result is an equally interesting coming and going of ships leaving port in the U.S. headed to China while at the same time, China may be redirecting some of its purchases from Brazil to the U.S."


  2. So who do you think is actually setting the price? Just read this on DTN ethanol blog for Wednesday.



    Ethanol prices turned lower Wednesday following the latest EIA report data which posted a strong bounce in ethanol inventories at the end of last week. Weekly inventory levels increased 2.5% or 16.5 million gallons in just one week. Total ethanol supplies are currently at 657.4 million gallons. This is still 10.3% under year-ago levels, and could help keep buyers aggressive going into the summer driving season.


    Then this Friday



    Spot ethanol prices traded sharply higher early Friday amid a continuing short squeeze, with a trade done for prompt delivered product at the Kinder Morgan-operated Argo terminal near Chicago at a new record high of $3.75 per gallon.



    I think it's just good old American unreality just like the other markets. Gold goes up, gold goes down. Everything else does too.


    Or is this a Gov Christie bridge type situation .. ?

    Wouldn't surprise me at all. Something else interesting for me---I bought 100 shares of Green Plains Ethanol back in 2007 for $19.65 and it got as low as 2 something. Today I sold it for $30---will be interesting to see if it keeps skyrocketing. Wish I'd bought more but I had a lot more Vera Sun and that went belly up.

  4. This sounds interesting and what would be really neat is if small scale setups could get methane from confinement livestock buildings.


    “They can react with methane, ethane as well as propane at lower temperatures with extraordinarily selectivity—and produce the corresponding alcohols as the only the desired products.



  5. Ukraine has pipelines running to Europe also. Russia can close the valve and freeze a bunch of people.

    The elected state rep. isn't qualified to represent anybody with his being offended comment---he's too stupid. They try to make it an Muslim deal when justifying our presence over there. There are lots of reasons people over there hate us but the one that I think about the most----in 1953 Mohammad Mosaddegh was a democratically elected leader that wanted to get a fair price for the oil that Britain needed and was refining at the biggest refinery in the world in southern Iran. When they found out he was serious the got the CIA to over throw him and put in the hated Shah. Look up operation AJAX.



  6. One of the plants down here had a mini explosion in the RTO ductwork in January  that caused a bigger explosion in dryer A. Somehow the plant is still producing since dryer B is still operating and repairs will eventually be made. One of the plants I'm in is a Delta T design and has a ring dryer that in completely different that the drum dryers that work like a cement mixer barrel.

  7. I filled up at Mother Hubbards on NW Blvd just south of Interstate 80 on Jan 1st. I told the guy that the filter on the pump needed to be changed and he said the pump guys were coming in a day or so. It took forever to fill and most people would have been pretty mad.

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