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Seems inevitable that the mandate will be lowered
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IowaGuy
Posted 7/15/2012 20:55 (#2487328)
Subject: Seems inevitable that the mandate will be lowered


Considering the damage already done to the corn crop and the additional damage that will occur with the current forecast there appears to be a major, make that catastrophic reduction in corn yield. So much so that it seems highly probable the gov't will intervene on the ethanol mandate. So how do you hedge risk inthat scenario?

I'm currently fairly well hedged against higher prices but very leary of USDA with the way they have mysteriously found and lost 300 million bushels lately.
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