The drought in Nebraska

[Acylum]

Disaster and Drought Assistance | USDA

 

[ElephantPie]

No plans to reduce ethanol mandate per Vilsack

Renewable fuels headline news | OPIS RFS2, RINs & Biodiesel

....

The electoral college votes of Iowa appear to be too valuable in the upcoming election. No presidential candidate will touch ethanol because their opinion will influence many (not all) Iowans' opinions.

 

[cycfan1]

Guy on WHO was predicting 16 dollar corn yesterday. Anybody who pulls anything out is in great shape.I wonder what the outcome might be on ethanol and public sentiment there.

there will not be 16 dollar corn. guarantee it. price is maxed out in month of August, mark it down

 

[CyPride]

please. if you are any decent grain farmer you should have all costs and even some profit locked in. 75% coverage at 7.50 Dec futures during October gives you over 1000 gross per acre.buy some puts to protect your insurance guarantee

what other industry has 75% of their insurance premium and potentially 100% of their deductible (as in the proposed 2012 farm bill) paid by the tax payer. really hard to feel any pain here.

ethanol mandate needs to go yesterday, but, Iowa is in play and no chance obama administration does anything with that hot potato.

 

[cycfan1]

removing ETH mandate does nothing. ETH will still produce if profitable