Posted 7/12/2019 08:34 (#7610357 - in reply to #7610316) Subject: RE: According to sources.. a couple have shut down.
It’s not very comforting knowing that the users of our products will only play the game when corn is cheap. They have had ample time to cover themselves on the board. The govt threw them a bone on the June 28 report and allowed another 2-3 weeks to get covered. They have been grinding $3-$3.50 corn for the last 5-6 years. They are also shoving high priced DDG’s out the back door. Ethanol futures are rising also with corn.