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Soy Diesel Profitability
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dongeffe
Posted 10/27/2006 19:15 (#55791 - in reply to #55774)
Subject: Re: Soy Diesel Profitability


Sorry to be the rain on the soydiesel parade. I went to one of the investor meetings for a plant. They planned on making $.52 per gal. Nice profit? Guess what though?
That is with $1.00 per gal that the government pays them. So without the dollar they would loose $.48. Profitable I think not. I have been told ethanol plants get the dollar also so I suspect they are just as profitable. Fleecing of America?
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