Interesting.  Thanks.

I ran across this good article..

http://seekingalpha.com/article/2082843-renewable-energy-group-inc-a-textbook-dollar-bill-for-fifty-cents-maybe-less

as well as a critic of it..

http://seekingalpha.com/article/2120693-balance-sheets-mean-little-to-green-economy-stocks-why-i-hate-book-value-analysis

The original quotes our own Scott Irwin's work.. and add's credence to what he is looking at a leaked EPA response..  (??)

I haven't had the time to tear into the whole articles above.. (long) but it does look important.

My thesis is that the 2nd article is correct.. okay Biofuels industry is gov't supported.. but when/if the commodity boom comes down that things such as Soy Oil will be cheap enough that it will not need gov't support to make biodiesel..(??)  which is my hope and eventual belief.. ???

Anywho.. thought it was worthy of Nat's discussion..

fwiw.

later and "out."

ps it sure looks like we should start seeing soybean exports canceled.. or curtailed.. again 2010 we already reached "peak" exports by this point in the marketing year..  hmmm.... ???