Posted 7/30/2020 16:11 (#8405336 - in reply to #8405323) Subject: RE: You are forgetting stocks
And you forgetting that USDA is calling for corn to used for ethanol to be within 96.7% of last years record(18/19). We have yet to reach that level. So until we start approaching and surpassing that level we are still building corn stocks. Your using the terrible production in Mar-Jun to make production currently look robust. That has little bearing on what we need going forward.