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Pacific Ethanol, Inc. (PEIX) Message Board

  • boxcompany1 boxcompany1 Feb 13, 2013 11:56 AM Flag

    CORN CROP

    What happens to ethanol production and corn price
    if we have another drought THIS YEAR?

    Usually droughts can last longer than 1 year

    Can thse refiners be put out of business or
    simply hemorrage more devastating losses

    I wouldn't touch these companies with a 10' pole

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • wacth for a coupe of tactics this year:
      1. more areas ( East, West, Canada ...), not just mid-west will plant corn. Not all areas got hit last year. Everyone is out to replenish.

      2. Evenmore arrid areas will be planted with Milo. Substitute for corn.

      3. South America ( Brazil, Argentina) and Europe will be watching to plant more
      acres if this happen.

      We, U.S, do not want to cede markets, so watch for more irrigation systems to also be installed.

    • Overall, Jerry Gulke, president of the Gulke Group, says this report shows the feed guy is not backing off, ethanol continues to be profitable on some levels. And, it paints a pretty export picture.

      "In reality, if we grow 125 bu./acre on 99 million acres this year, we grow enough to meet last year’s supply," he says. "We have reduced demand so much, we can get a crop like last year and it won’t hurt us."

 
PEIX
15.97-0.64(-3.85%)Sep 19 4:15 PMEDT

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