Corn price vs. Sorghum feedstock
Heard news that this wicked drought in midwest have all but wiped out the srping corn crop, which has sent corn prices running.
Doesnt this mean that ethanol producers who use corn are seeing their cost spike? This muct be a super positive for any biofuel players using sorghum like ICOR.
I think we may have something here. Need to spread the word around.
ICOR