FAPRI Says Economic Turnaround Will Fuel Crop Price Recovery

WTI oil future price is in a random walking at 80$ per a barrel at the moment.But if oil price is pressured upside momentum lead by strong demands from Asia,the price would be beyond 100$ with no wonder.So Who`s gonna survive?

Wallaces Farmer – FAPRI Says Economic Turnaround Will Fuel Crop Price Recovery: “The economic recovery will be accompanied by projected stronger energy prices. The FAPRI economists expect that the continuing recovery of crude oil prices along with bioenergy mandates will grow the demand and strengthen the world price of ethanol through 2019. Global net trade in ethanol is projected to increase by 3.12 billion gallons and reach 4.15 billion gallons by 2019.”

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