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Maker of distillers grains $REX said that 2Q16 sales rose approx. 2% & were based upon 60.9MM ethanol gallons this year vs. 57.9MM gallons in the prior year, resulting in increased ethanol sales of 3.9MM. The company saw approx. $35 per ton reduction in dried distiller grain pricing YoverY, which resulted in approx. $2.6MM reduction in DDG sales.
$EXTR has been on an interesting uptrend, fundamentals kinda tricky but solid technical. Earnings 5th
Wow! $MCD scores again.