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| The price jump has nothing to do with cost of production, again ethanol is a traded commodity and will trade for whatever it is worth to the end user. If your neighbor came to you and offered you 1.35 a bushel for corn and you could get 2.36 at the elevator, who would get your corn? There is a huge demand for ethanol at the moment and the price will reflect it until the demand tappers off, when that will be its hard to tell. Alot of ethanol plants going online so it might be sooner or later hard to say. | |
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Death of E-85????
