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New Mexico | but your view that your actually getting profit "trickled down" thru the current schematic is estray.
Corn is actually cheaper now due to the blender's freebie than it will be without that freebie.
If your a purchaser...."why pay $4 if you can get it for $3.50 ( AND the govt send you another $1.50 ).
Keep in mind from an accounting stand it's stupid to pay $6 for a product and only get a 25% govt rebate when in fact one can get a 45% cash rebate on the $3.50 price.
Goal for any plant would be to keep incoming cash rebates near the 50% level to thus reduce incoming product costs.
Your use of political policy to mitigate risk has in fact mitigated your profits ( 2010 market year is a prime example for corn on this ).
The mandate Forces use. Use btw is Forced demand.
The corn market will actually rise to meet a more true demand perspective.
We're all dealing with "what is." "what is," sometimes needs changed for the better.
Keep in mind there was another "what is," before the current "what is" came to be, too.
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$5 corn?
