Despite tight financial markets, East Coast Ethanol is banking on the untapped potential of the Southeast where little or no ethanol is produced. The company is starting an equity drive to raise money for the construction of four plants.
Average corn basis for the past week was up 2 cents and average soybean basis climbed 12 cents. Wheat basis levels were 4 cents weaker for SRW, 2 cents higher for HRW and 4 cents lower for spring wheat.
A partisan divide on how to deal with high energy prices has Democrats looking largely at speculators, while Republicans look largely at opening up land to drilling.
There's no insurance for borrowers when a bank closes its doors. But as long as savers are careful to manage deposits within FDIC guidelines, they don't have much to worry about if their bank falters.
Ag Business Directory
The DTN Ag Business Directory specializes in listing and locating agriculturally-related businesses, helping connect you with companies, products, services, and information specific to your needs.
