|
USA | Here are some things that could cause this to happen.
1) Ethanol at $3 per gal times 2.8 gal per is $8.40 add another $1 per bu for the oil value in the corn, plus the value of the Lysine and the other by products. I am growing a Mavera hybrid that will be used in ethanol production. This corn contains about twice the oil as regular corn. It is my understanding that they will remove the oil and lysine in addition to producing ethanol from this hybrid.This type of corn has the potential to produce more oil per acre than beans.
2) SA cranks up bean production and we have a glut of beans in the world.
3) Not enough corn is produced to keep up with demand.
4) We have dry weather that severly impacts corn yields, but get rains in Aug that produces a bumper bean crop. As crazy as things are I wouldn't rule out anything. | |
|
just some questions
