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SC Iowa | would seem the best use for that lower quality Chinese corn would be in the ethanol biz, but Brazil does not have much of a corn based ethanol industry except for a plant or two in the works in the interior.......but I also suspect that lower quality corn also will have lower ethanol yields, which means "discounted price" to make it happen....
now, maybe China is going to sell some "good stuff" and eventually force their Chinese users to eat through the bad stuff
interesting concept of the "two way trade"
wonder how far the roof will blow off when some of this Chinese corn makes it to the US midwest interior??????? | |
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It may be time......
