Ethanol emergency - FORBES ARTICLE
Ethanol emergency - Sympatico / MSN Finance
This is accurate reporting. The initial rush into North America's ethanol markets and now a pull back is the pattern we are seeing.
A couple of numbers to watch are:
- US$3.50 per bu for corn is breakeven for ethanol
- US$35 per gallon for oil is the cost driver for ethanol
I also like the term "food fight" beauty
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