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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Keith Feral who wrote (186027)	5/3/2006 2:18:51 PM
From: jttmab	Respond to of 281500

Eat alot of corn? Corn for ethanol, corn for chicken feed, corn for cattle feed, and corn for the consumer table; corn is corn. Since there isn't enough ethanol to begin with I have't seen any indication of that. Transitional and scheduling were the only issues. It will be nice to have mtbe as backup supply. Of course there wasn't a supply being made as the plan was to use ethanol. You must think that ADM is stupid. A large supplier of ethanol didn't have contracts with the oil companies. Or they won't insist on the oil companies fullfilling their contractual commitments. Instead ADM is going to put their corn into the general one corn satisfies all supply and drive down corn prices. Check out what has happened to ADM stock since Bush announced his policy. jttmab