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A question for you more seasoned (older) experts
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<blockquote data-quote="ArrowHBrand" data-source="post: 403269" data-attributes="member: 6496"><p>Actually the commodities market is extremely volatile due to the increase in domestic usage. I think ethanol is a great product and will help the U.S. wean itself from being dependent on foreign oil, however, corn should not be used to make ethanol because of it's effect on other products. Why are the Brazilians the leading producer of ethanol? They make their ethanol out of sugarcane and sugarbeets. What goes up must come down. I know of a lot of farmers that are holding their grain because they feel that they will be able to get $4/bu soon. That may be the case, but they also could be getting $1.75 again real soon. Cash out some grain while you can get a great price and hope that it will go up some more. I don't want to get political but I will say that until we get the two oil tycoons out of the Whitehouse, we should just expect to pay out of the wazoo for everything associated with petroleum and transportation.</p></blockquote><p></p>
[QUOTE="ArrowHBrand, post: 403269, member: 6496"] Actually the commodities market is extremely volatile due to the increase in domestic usage. I think ethanol is a great product and will help the U.S. wean itself from being dependent on foreign oil, however, corn should not be used to make ethanol because of it's effect on other products. Why are the Brazilians the leading producer of ethanol? They make their ethanol out of sugarcane and sugarbeets. What goes up must come down. I know of a lot of farmers that are holding their grain because they feel that they will be able to get $4/bu soon. That may be the case, but they also could be getting $1.75 again real soon. Cash out some grain while you can get a great price and hope that it will go up some more. I don't want to get political but I will say that until we get the two oil tycoons out of the Whitehouse, we should just expect to pay out of the wazoo for everything associated with petroleum and transportation. [/QUOTE]
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