The world's corn and soybean supply are one or two hiccups away from disaster. The current corn and soybean supply is vastly underpriced. :)
I am not sure what profit margins there is in ethanol presently but there is a few larger hog finishers that are not re-filling there barns right now as those SEW & weaners they bought latesummer/fall have sold for very little more than they paid and like wise for some cattle ........... one thing soymeal sure isn't underpriced