$2 or higher gas - Can ethanol make a comeback? Message Board

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Non-Tech : $2 or higher gas - Can ethanol make a comeback?

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Nov 4 3:59 PM EST

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To: richardred who wrote (2314)	2/15/2007 11:52:13 PM
From: creede	Read Replies (1) of 2801

Thanks for the response. I'm learning as I go. I called IR for SORD today for guidance, and they told me what you just said..... that the price of corn has screwed things up for them. They don't even sound certain if they are going to build their plant or not, because it's cheaper to import and resell the ethanol than to make it with the price of corn. They are not vertically integrated at all, and the margins are only about 10% at the moment. And that's not good.... unless you are invested in corn I guess! GodBless-NoDoubt creede

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