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Contributor

I question what they call lowered corn demand

Heard that corn was down because of lowered demand and that some ethanol plants were not buying.  Our local newspaper had an article last wk. that stated the Macon, Mo. ethanol plant could NOT find the corn needed so they were shutting down temporarily (no lay-offs) and were still buying to try and build some stocks.  In Nov.  the ethanol plant at Malta Bend, Mo. quit temporarily to also build their inventory of corn.   My guess is that this is why most are scaling down on production and not totally because of profits.   Afterall this is the time of yr. when gas prices surge and corn now is cheaper then it was in the fall when gas was lots cheaper.  If the end-users can't find corn now what is going to happen come summer?

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Contributor

Re: I question what they call lowered corn demand

Can't find corn? Sounds pretty unlikely considering there are still billions of bushels out there...

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Senior Contributor

Re: I question what they call lowered corn demand

I'm sure they can find it, but can they still be profitable after moving it x amount of miles? Cattle have to eat everyday, ethanol plants don't...
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Veteran Advisor

Re: I question what they call lowered corn demand

 
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Veteran Advisor

Re: I question what they call lowered corn demand

Thanks for that comparison/perspective, WCMO

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