East Central South Dakota | Jon, I don't see new starch expansion without an increase in gasoline consumption or the 10% blend moving to 15% nationally under all canopies. Current grind meets the current demand. Exports probably not stable enough to warrant expansion. So IMO probably no to ethanol boom. Makes sense up here where supply is real burdensome, but railroads can't get ethanol cars placed at current grind.
Edited by white shadow 7/23/2014 13:07
|