Wholesale continues upward

Michigan saw a price increase before the weekend to $2.75, but Indiana and Ohio stayed in the $2.60s.  As we start the week, wholesale again went up.  Indiana and Ohio are either operating on negative margins, or they are getting help from non-Chicago areas like the Group 3 or Gulf Coast, which are 20 cents cheaper in spot price.

Michigan only went down .7 cents over the weekend, and margins are very thin.  All three states have a possibility of spiking up, but it all depends on how much outside help we are getting.  We could see a spike up to $2.80-2.85 in Indiana and Ohio, with Michigan going $2.85-2.90.

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