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Honored Advisor

Re: Valero shut down Ethanol plant

I need to remember your perspective is from a different point than mine..


Credibility comment was heat induced.


old crop cash sales are a "negotiated" basis, contract by contract more often than not.  We keep some on hand for the nitch/holiday/problem solving/ short contract problems that fall for our customers.  The price bonus is in the "negotiated" basis -----seldom in the board price.  The trade bids up to protect the bulk of supplly ahead, not the little shortage they have at the end.


Just my experience------------------or how we have fit the last of our storage into our marketing plan.



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