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Producers Panic as Ethanol Mandate Loses Support
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<blockquote data-quote="Jake" data-source="post: 1087942" data-attributes="member: 4"><p>Fact of the matter is that the ethanol mandate means nothing as the ethanol industry has been producing well above the mandate for a while even through last years extremely short corn carryout. We are exporting a lot of ethanol to the middle east and South America as ethanol is the cheapest source of octane in the world. DDG is worth a lot of money shipped to China in boxes as well as a feedstuff here as it is not a true substitute for corn. Way different feed stuffs. Ethanol plants are no longer subsidized and the blenders credit that was in place before expired almost two years ago.</p></blockquote><p></p>
[QUOTE="Jake, post: 1087942, member: 4"] Fact of the matter is that the ethanol mandate means nothing as the ethanol industry has been producing well above the mandate for a while even through last years extremely short corn carryout. We are exporting a lot of ethanol to the middle east and South America as ethanol is the cheapest source of octane in the world. DDG is worth a lot of money shipped to China in boxes as well as a feedstuff here as it is not a true substitute for corn. Way different feed stuffs. Ethanol plants are no longer subsidized and the blenders credit that was in place before expired almost two years ago. [/QUOTE]
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Producers Panic as Ethanol Mandate Loses Support
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