dan45mcc 53 Report post Posted June 11, 2007 http://money.cnn.com/data/commodities/ Quote Share this post Link to post Share on other sites
furball64801 0 Report post Posted February 29, 2008 Here is why I use ethanol and why more people will soon. http://news.yahoo.com/s/ap/20080228/ap_on_bi_ge/oil_prices;_ylt=AuxJcGCQ9y.JyRNz9S6sIyis0NUE Quote Share this post Link to post Share on other sites
dan45mcc 53 Report post Posted June 18, 2008 Corn this morning jumps 11 cents to 7.76 a bushel. Ethanol jumps 4 cents to 2.89 in early trade Yep it's going to what $8.50 range ? Quote Share this post Link to post Share on other sites
rdaretired 0 Report post Posted June 19, 2008 It will bubble within 6 months and go down. The farmer needs a break and a good profit for a short time to get caught up on bills. Quote Share this post Link to post Share on other sites
cessna 9 Report post Posted October 8, 2008 Dan wrote Yep it's going to what $8.50 range ? I sure hope you sold some because you'd look pretty good now. Quote Share this post Link to post Share on other sites
dan45mcc 53 Report post Posted October 8, 2008 I'm hoping it dosent go too low (gas and ethanol)..UNLESS the price spreads at the retail level continue to expand..With cheap oil/Gasoline again thats when people lose focus and don't look at alternatives like E85. The only way to counter cheap gasoline is to have REALLY cheap E85..will ethanol this time around forgo quick profits (larger margins) in exchange for greater Market Share ? Is it possible for them to think beyond the next Quarter? Didn't sell ..because I didn't buy I do own a few Ethanol Stocks and looking to add to those positions while everything is cheap Dan wrote Yep it's going to what $8.50 range ? I sure hope you sold some because you'd look pretty good now. Quote Share this post Link to post Share on other sites
1outlaw 10 Report post Posted October 8, 2008 Frankly this market crash is good for no one - maybe the livestock/ food producers and maybe the consumer in the short run BUT this stops ALL investments in tomorrow's alt fuels and even oil. It will affect next year's crop plantings if corn, bean, wheat, etc stays down and producers cannot obtain financing for planting. In the long run a correction was needed but if anyone thought that it was tough before- well -it is about to get worse. I hope fertilizer and land rents respond to this market so at least the farmer sees some balance in this. One has to wonder if the windmill guys are insulated from this on existing sites - i would be suprised to see electric rates drop for months- -sort of the same thing as we will see in the groceries - status quo. Since we are making well over a billion more gallons of corn ethanol than when the food/fuel argument began in earnest---does anyone still dare stand up and say "ethanol drives up food prices" ? -- well the beef guys in Arizona want to have their gov'nor file for repeal of the RFS just the other day > "Well excuse me", who ever thought it would be a good idea to raise cattle where they have a rapidly falling water table for several years and cannot grow forage or corn to feed 'em??? > Like I said before- the corn price run up before was speculator, value of the dollar relative to world, and Asian economy/diet changes. Corn ethanol is more of a local basis (local spot vs CBOT) changer than overall price driver and will remain so until corn ethanol production reaches the 15 billion mark (even then maybe not if variety improvements keeps boosting yields). Quote Share this post Link to post Share on other sites
cessna 9 Report post Posted October 8, 2008 Dan wrote Didn't sell ..because I didn't buy On the CBOT, you can sell first and then buy back to make a profit or loss. I sold some wheat for Dec 2010 a while back that looks good now---just have to figure out when to buy back and not get too greedy. If I don't goof up, I'm going to use that to counter a corn sale at the local elevator for $3.56 that doesn't look too good. Quote Share this post Link to post Share on other sites
dan45mcc 53 Report post Posted October 8, 2008 Short Selling..No Thanks .. Dan wrote Didn't sell ..because I didn't buy On the CBOT, you can sell first and then buy back to make a profit or loss. I sold some wheat for Dec 2010 a while back that looks good now---just have to figure out when to buy back and not get too greedy. If I don't goof up, I'm going to use that to counter a corn sale at the local elevator for $3.56 that doesn't look too good. Quote Share this post Link to post Share on other sites
dan45mcc 53 Report post Posted May 4, 2012 James the problem is corn is not falling (they keep propping it up) ..and thus ethanol isn't falling as fast as gasoline so the price spread continues to narrow between the two Quote Share this post Link to post Share on other sites