Ethanol producers don't have better news: corn prices are high and, as with most grains, it is subject to speculation. The article mentions another trouble spot: a shortage of crushing plants.
The truth is that grain prices are up in the market. Some voices have been raised saying that it's not due to a shortage but simple commodity speculation. What's your take in this?
- Accenture forecasts a biofuel bubble burst
- China invests heavily in biofuel technology to minimize food vs. fuel debate
- Biofuels will be responsible 3-6 percent grain price hike in 2020 - or maybe 40 percent