Markets a Bit Unstable & Bius Says Bye
Market’s a bit unstable & Bius says bye. I’m Greg Martin. This is Market Line
Market Line February 26, 2009
He says it wasn’t an easy decision - but Tom Buis is leaving National Farmers Union to serve as CEO of Growth Energy .In these tough economic times - Buis says it’s important to continue the nation’s support for the ethanol industry - especially as it comes closer and closer to the blend wall.
BIUS: The federal government can act and increase the amount of ethanol blended in the nation’s fuel supply without having to dip into stimulus dollars or coming up with bailout money. It just needs to approve a higher blend.
His successor will be chosen by Farmers Union delegates at the upcoming national convention March 8-10 in Washington, D.C. Buis says - representing America's family farmers, ranchers and rural citizens has been a privilege and an honor.
On Tuesday
May corn 372 ¼ up 9 1/4
Club wheat mostly 7.10
HRW 11.5 % protein mostly 6.12
DNS 14% protein mostly 7.76
April live cattle 84.850 dn 5
April feeders 91.57 dn 3
April Class III milk 10.27 unchanged
I’m Greg Martin and that’s Market Line on the Northwest Ag Information Network.