date:Feb 20, 2013
in strong.
This would be in contrast to the ethanol driven increase in corn acreage since 2007. The increase in soybean production and processing in order to meet expanding soybean oil demand could then result in a surplus of soybean meal and lower prices for that product, with an indeterminate effect on soybean prices beyond 2014.
There is considerable uncertainty about US biodiesel production beyond 2013 since production is primarily policy driven. That is another factor that can be added