Thread: U.S. Issues 2013 Farm Bill
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Old 02-05-2014, 04:14 PM   #81
Buehler445 Buehler445 is online now
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Quote:
Originally Posted by Iowanian View Post
If they mandate a reduction, and allow blenders to use stockpiles, the ethanol and BioD industries are dead meat. Grain prices will tank.

I'm invested in BioD, which has been disastrous use of my money anyway, but this will put the nail in that coffin.
Prices have already shit the bed relative to fertilizer and chemical prices.

You probably hear more about it being in corn country, but this is my understanding. They didn't mandate a reduction, they just stopped the incremental increased mandate to avoid the blend wall. And as far as using the stocks, I'm pretty sure we were exporting ethanol, so as pong as global demand stays up ethanol plants can still buy cheap corn and export the ethanol. That will of course require corn and production to be comparably cheaper than the importing countries, but it isn't a closed system.

Biodiesel though, I have no clue.
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