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USDA Dec 1 STOCKS 10.934 Billion Bushels.
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Pofarmer
Posted 1/17/2010 13:37 (#1026793 - in reply to #1026339)
Subject: RE: Good post Pofarmer



Hey Ray.

The info that I used was from year ending 2009 data from the EIA. It was given in barrells per day, and I multiplied it out, so there may be some error there.

Also, I'm aware of the study on refining margins. I think it's much more plausible that the importation of Refined Gasoline products has had more effect on refiners margins than Ethanol production. It's certainly arguable.

"but also wonder why so many countries around the world that do not make it from corn are so interested in biofuels?? "

Green on the outside, red on the inside?


"Are we hungup on the feedstock issue rather than the ultimate goal?"

Actually, in the U.S. I think we're hung up on both.
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