Input prices are coming down thanks to the end of the drought. This will remove some of the hysteria of last year concerning third world hunger. In spite of the new oil and gas in the USA, the Brent oil price should stay high due to demand from emerging markets. This is a plus for first generation biofuels. Biogas should stay competitive in Europe due to the difficulties of supplying Europe with cheap natural gas. Other factors include the continuing acceptance of E10, the decisions of Verbio to cut costs, buy back stock and to be flexible concerning palm oil. Then there is the regulatory crack down on illegal imports of biodiesel and ethanol. These are all positive changes which are not reflected in the stock price. Verbio continues to support agriculture, reduce energy dependence and promote clean energy.
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