And prices are down, I’ve heard.
Ethanol plants paying a $1/bu premium right now around here, I’m told.
Taking corn up to 30% moisture.
They have to produce the alcohol crap to get their gubmint subsidies
Corn price per bushel last year at this time: Around $7.00+, down from the year’s high of around $8.50
Corn price now per bushel: Around $4.60, down from the year’s high of around $6.40
Never bet against the American farmer’s ability to produce!