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USDA Dec 1 STOCKS 10.934 Billion Bushels.
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Pofarmer
Posted 1/19/2010 11:13 (#1030333 - in reply to #1028059)
Subject: Re: USDA Dec 1 STOCKS 10.934 Billion Bushels.



"So therefore, 11,750 into 137,970 = 8.52% So.. uhm.. NO.. way more than 1.9% (chuckle..)"

I've gotta go, but, keep in mind, you only have 30% positive energy balance to Ethanol, so, it isn't a one to one replacement. The way that I figured it, I figured as if the other 70% of the energy came from Gasoline. Not exactly right, but, if you're talking BTU's, hopefully it gets the point across.

So, (11.75x.3)/138=.02554
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