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| Value of the dollar and the stock market, will affect all the commodity markets, including oil. The price of E is relative to the price of oil, and the price of corn is relative to the price of E, don't forget that. Our consumption of oil is going to be tied to the general economy, not strictly to price. Some of the mandates in various states have clauses which cut out Ethanol if it gets over X amount higher than oil. MO has that clause. | |
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corn- panic or hold
