They want to bust up Russia, Iran, and Vensiualia, and slow down the pumping in North Dakota. So the regular oil companies are putting the squeeze on.
As long as corn is cheaper, ethanol will be fine. Unless crude gets down into the $40 for any length of time.
For ag the bigger issue is the strength of the dollar. The coasts of the USA are looking to do a bit better, allow some intrest rates to go up a tad, and our ecconomy to look better. This will make for a stronger dollar.
A strong dollar kills the middle of the country, we can't export our raw goods wood, grain, ethanol, petro products. It gets priced too high to other countries, so we sit with it, all go cheaper. This makes the 2 coasts better off because their food and fuel and fiber is even cheaper. And that makes the ecconomy and this the dollar stronger.
Sending us in the middle of the country into a worse tail spin.
And that is where we are heading, barring something unusual happening in the next couple years.
Ethanol will take care of itself, unless they put an increadably squeeze on the countries mentioned.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for �200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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