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Give me your opinions....Re:'08 corn contracts
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Pofarmer
Posted 11/2/2007 23:12 (#231305 - in reply to #230934)
Subject: Re: Give me your opinions....Re:'08 corn contracts



O.K. So that would be so specific areas could use 30% blends? My understanding is that all our current corn production would supply less than 10% of total gasoline use in the U.S. There is gonna be a wall in there somewhere, where end users start squealing and the politicians start listenting. Plus, how high will gas have to go if they keep driving the price of corn and ethanol up? So, maybe in the short term it could help. Works for me. I still don't have any 08 anything sold, but, I'm getting itchy with 08 newcrop corn at $3.96.
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