Biodiesel and Ethanol Investing

Reuters reports that a large area planted with corn this spring in the U.S. should relieve loss-making hog and cattle producers, ailing ethanol companies and consumers as grain prices come under pressure. For starters, prices for corn futures fell by the daily allowed trading limit that amounted to an 8% slump as government data showed farmers plant the second largest crop ever and the most since 1946. The corn-based U.S. ethanol industry saw an improvement in their bottom line after battling high corn prices and wild swings in crude oil markets for over a year.