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Post by Oatking on Nov 27, 2024 22:17:33 GMT -6
A rep from altona bunge said it’s because of the lack of demand for bio fuel . Trump intends to drill more oil instead of make it out of plant based products . Can’t blame him , oil is 68 dollars a barrel and bio diesel can’t compete can it ? Maybe we might get one more rally before seeding ? I hope so . Crop selections might get rehashed a few times this winter !
Interesting how canola and soybeans are almost par ! Two weeks ago beans were 11.50 and canola 14.5 Now beans are 12 and canola is 12.3
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