$10 buck oats for next year? Screw canola!
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Read yesterday 43% of Soy oil goes to biodiesel. Rising quickly.
Ethanol plants were losing money in August but are now running near record profits and running full out. Over $3 gal and big demand for byproduct corn oil and distillers.
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Robert good point,
Haven't heard much on this for a while, but corn and soybeans used to compete for acres and they did this with futures prices as part of the acre buying.
The same will happen this winter and spring in western Canada, for all crops which will be very interesting and maybe even exciting. Hope it rains.
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