Posted 7/28/2020 21:42 (#8401948 - in reply to #8401838) Subject: RE: Wow, looks kinda familiar
And where is 2019 on that chart where it shows corn for ethanol usage down 520mb? I believe IN555 was referring to the fact that the 2010 crop was almost 600mb less than demand causing ending stocks to fall hard. 2019 production despite being below trend still was larger than demand. 2020 is predicted to grow stocks despite a very suspect 1 billion increase in demand. So we have production larger than demand year after year which is the opposite in 2010.