Posted 11/19/2017 12:33 (#6375340 - in reply to #6375335) Subject: RE: China and ethanol
The point is we have had four years of huge crops and we have a 2.4 billion bushel carryout. One year of ethanol usage from China lowers our carryout to one billion with huge crops. Granted South America will sell some, but it is going to drop world wide carryouts in one year.