The amelioration in operating results once again was driven by greater synergies, effective margin
management and cost controls at most of the six U.
There were only nine changes in the dollar amount of the margin requirement over that period, but if margin is expressed as a percentage of the contract value, then the effective margin
requirement changes daily.
We see tremendous value in Eco's integrated platform which provides systematic risk management, optimization of available storage, and transparent ethanol marketing, all coordinated towards effective margin