Yes, corn ethanol should be abolished. Unfortunately, until biomass/cellulose technology is developed, this nonesense from D.C. will continue as sugar cane production of ethanol is limited to South America where sugar is a major crop and too expensive to ship here. If you want to invest in agricultural commodities and take advantage of this boom, DBA is my favorite ETF for doing so.
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Yes, corn ethanol should be abolished. Unfortunately, until biomass/cellulose technology is developed, this nonesense from D.C. will continue as sugar cane production of ethanol is limited to South America where sugar is a major crop and too expensive to ship here. If you want to invest in agricultural commodities and take advantage of this boom, DBA is my favorite ETF for doing so.
Jun 11 19:43 pm
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All Comments by User 208736 »As Corn Prices Shoot Up, Ethanol Margins Turn Negative [View article]