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NENE | We are such small players as corn growers and ethanol producers in the grand scheme of things. Estimates suggest we could lose 2.5 billion bushels of demand from the ethanol slowdown. That loss will be a devastating blow in rural America but chump change globally or even nationally. 2.5 billion bushels @ $3.50 is $8.75 billion. Big to us but the stimulus bill throws that kind of money around like it's nothing. Not suggesting that the ethanol plants or anybody else should get a bailout just thinking how the government could in theory buy up all the lost demand and dump it in the river and it would barely matter. Two trillion dollars would be enough to buy two hundred million acres of farmground @ $10,000 an acre. That's gotta be most of it in the US.
Edited by grower3 3/27/2020 10:49
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Ethanol plants as Feed suppliers.. the story of two Co's from San Antonio.
