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NW Indiana | So the raw material is historically better than normal resulting in more finished product. Sounds like the normal historical price relationship between the two would be wider than normal as price remains strong for the more valuable raw product and price is weak in relationship for the finished product as it seeks more demand.
Maybe you should pay attention to exports. Risk is the usda is forced to raise soybean exports with a hot number this morning and corn exports are looking to easily achieve projections. Ethanol even with a stronger conversion is looking to easily achieve its projection. So you are saying livestock guys aren't going to like feeding this high quality grain as much as they can? And if this product is so good as you point out wouldn't the rest of the world want more of it?
Edited by IN555 1/24/2025 08:12
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So everybody was calling out how could usda
