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$5 corn?
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Pofarmer
Posted 8/14/2010 00:43 (#1314683 - in reply to #1314677)
Subject: Re: $5 corn?



"The object is to somehow "pocket" the free dough"

This much is true.

"the market will take care of itself anyway. '

Not always in ways that we like.

Here's the problem, to know the answer, you have to know the cost of production of ethanol, and the plant margins. You also need to realize, that if ethanol is higher than gasoline, several states, including MO, have laws on the books which say that the mandate to use ethanol no longer applies.
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