Are We at the Bottom of the Ethanol Barrel? [View article]
stock prices won't tell you about the "future" of this dead-born industry until after it happened. and you don't need to look at them for a clue anyway
ethanol-biofuel based on corn is one of the silliest projects ever. billions of taxpayer's money are being wasted to essentially buy votes from farmers. you know what? the global food stocks are running so tight - and will only get tighter over the coming years, that ethanol producers will have a hard time getting corn at all - at least not at prices they could afford.
btw, WATER will be the final nailin the coffin. You need plenty of water - which in turn is going to be one of the scarcest and most valuable resources on earth going forward. and at least it will be costing much more than today. the sonner these idiotic ethanol-bio-fuel nonsense gets abandoned, the better for everyone. farmers won't starve anyway - demand for grain will rise even without corn being wasted on ethanol fuel production. a quarter or two of upside suprises, o.k. fine. a nice exit chance for remaining shareholders, i'd say.
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stock prices won't tell you about the "future" of this dead-born industry until after it happened. and you don't need to look at them for a clue anyway
May 21 04:14 am
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All Comments by fxtrader07 »Are We at the Bottom of the Ethanol Barrel? [View article]
ethanol-biofuel based on corn is one of the silliest projects ever. billions of taxpayer's money are being wasted to essentially buy votes from farmers.
you know what? the global food stocks are running so tight - and will only get tighter over the coming years, that ethanol producers will have a hard time getting corn at all - at least not at prices they could afford.
btw, WATER will be the final nailin the coffin. You need plenty of water - which in turn is going to be one of the scarcest and most valuable resources on earth going forward. and at least it will be costing much more than today.
the sonner these idiotic ethanol-bio-fuel nonsense gets abandoned, the better for everyone.
farmers won't starve anyway - demand for grain will rise even without corn being wasted on ethanol fuel production.
a quarter or two of upside suprises, o.k. fine. a nice exit chance for remaining shareholders, i'd say.