Ethanol Gold Rush In 2007 Has the Potential for Huge Acreage Shifts
The USDA released its September crop production report last Tuesday. It projected US soybean yields to be 41.8 bushels/acre with the total crop projected to be 3.09 billion bushels. Corn production was increased from the August USDA report to 11.114 billion bushels; expected yield was pushed to 154.7 bushels/acre. It was a bit of a…
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