Quote:
Originally Posted by Kracka
No; ethanol production still exceeds demand. There is no corn shortage yet, the shortage will begin once the current crop comes off the fields. The market price of corn is high enough to cause demand destruction so ethanol will continue being available and won't be going away in the near future.
|
Yep this...the drought this year is going to own corn prices coming forth, it has already. I drove through nebraska yesterday and corn fields were super dry and they were just short little guys. I guess Indiana area is getting it the worst.
Now that corn is free market, I don't see many people using it compared to before as now its just us (the car enthusiasts) and the people that use it to be "green"...which is mainly government vehicles.
Hybrid Mode
