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Tuesday, November 13, 2007

The Chart for Soybeans---the spike up

Click on the post to see the chart for soybeans---the price spike up has played a role in the delay of construction of the biodiesel plant in Evansville.

It is so that since 1969, there has not been but 8 spikes like this, but the past is meaningless when one considers that the biofuels industry has just emerged. The future is not predictable on the basis of a past chart. Make a note of it.

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