How is it possible that crude oil is at negative values and ethanol prices are under $1 and the ethanol industry isn’t burning cash? Look at the comparison of margins from last week to the first of January. Ethanol production has declined by 45% the last 3 weeks. The sharpest decline in … [Read more...] about Ethanol Sitting Out the Energy Apocalypse
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Is a Soybean Bidding War Imminent?
Talking with clients, our main concern today is the health and safety of our families and our work associates. It takes a huge support team to plant a crop. The current health threat reminds us how important the human element is to our team. Focusing on business. I am working my way to a little … [Read more...] about Is a Soybean Bidding War Imminent?
Corn Demand in COVID 19
What Do We Know About Corn Demand In A Covid-19 Environment? U.S. Corn goes to: Ethanol 38% gross 26% net (adding back DDG) Feed 38% Export 15% Food, Seed, Industrial (not ethanol) 9% How is each segment impacted? Ethanol Cars in a garage don’t consume corn – that demand … [Read more...] about Corn Demand in COVID 19
What Does $30B Look Like?
China has apparently offered to purchase an additional $30 billion of US agricultural products as part of the new trade agreement. That sounds amazing! The additional purchases would apparently encompass ten commodities. I say apparently, because like much of the China trade news, it lacks any … [Read more...] about What Does $30B Look Like?
