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Non-Tech : $2 or higher gas - Can ethanol make a comeback?
DAR 32.05-0.2%Oct 31 9:30 AM EDT
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To: Think4Yourself who wrote (2330)2/24/2007 9:48:14 AM
From: Think4Yourself  Read Replies (1) of 2801
 
Whoops, made the wrong figure negative with parens. Meant to say that $1.62 to $3.78 is the profit after getting the corn. The cost of the corn ranges from paying the farmer $.78 per bushel to the farmer paying the ethanol producer $1.48 to take the bushel.

Production costs in this case are $0. If you want to add them in, the farmer eats the ethanol producer's production costs. Have to keep the profits the analysts are quoting!
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