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Now the farmers will want to grow soybeans and give up corn...resulting in corn jumping in price
biodiesel can be made out of a multitude of things ... soybeans is just the best end result
and that second part is not true either ... growing soybeans and growing corn are different. soybeans require much more attention. different soil requirements, different water requirements. most farmers are not going to jump into a new crop simply because a new plant is constructed. The track record for profit isnt there for them to risk it all unless they have a reserve to fall back on and most farmers nowadays dont have that, they go from crop harvest to crop harvest. one bad harvest can bankrupt them.