Gap closing between corn and wheat. Ethanol plants would be running at 110% if they could with corn at these depths and crude oil at current highs. Meat prices are hardly discouraging feed grain consumption. All the action short term may be in the spreads as we saw the other night with corn pumping and wheat dumping.
Some oilseeds copping an absolute pasting atm namely canola.
Gap closing between corn and wheat. Ethanol plants would be...
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