Early August ethanol pace is okay.

ENSO is the measurement of Pacific Ocean temperatures east of Australia that determines El Nino/La Nina conditions. +0.5 on up is El Nino and -0.5 and below is La Nina. For the latest rolling June-August average the measurement is a strong El Nino at 1.1. This is tied for the sixth strongest El Nino at this time of year since 1950. This past the monthly update for the El Nino forecast was released.

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