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<blockquote data-quote="somn" data-source="post: 348811" data-attributes="member: 3721"><p>I talked to an individual involved in the upper managment in the ethanol industry. He told me to prepare for a $3.50 bottom on corn he stated that ethanol plants will need to bid atleast $3.50 to keep the corn away from the export markets. He also said he doesn't look for a high price of over $4.00 to last any extent of time. I guess it will only be a matter of time to figure out if he was right or not.</p></blockquote><p></p>
[QUOTE="somn, post: 348811, member: 3721"] I talked to an individual involved in the upper managment in the ethanol industry. He told me to prepare for a $3.50 bottom on corn he stated that ethanol plants will need to bid atleast $3.50 to keep the corn away from the export markets. He also said he doesn't look for a high price of over $4.00 to last any extent of time. I guess it will only be a matter of time to figure out if he was right or not. [/QUOTE]
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