Posted 11/16/2023 09:06 (#10484152 - in reply to #10483886) Subject: With South American crops rising.. have we reached a tipping point..
With Record South American crops rising have we reached a tipping point where ethanol and renewable diesel are not big enough to consume the excess grain production?
Ethanol going forward will be super competitive if allowed.. to compete.. at the pump.
The WASDE sees lower soybean prices.. despite increased renewable diesel growth.