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Non-Tech : $2 or higher gas - Can ethanol make a comeback? -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (1442)7/15/2006 9:47:32 PM
From: Think4Yourself  Respond to of 2801
 
Nice post!

If our elected officials were serious about ethanol they would remove the Brazilian tariffs. There is no way in HE$$ any rational person could argue that this country is serious about using ethanol when protectionist tariffs are used to stifle competition. Take off the tariffs and people might start to believe this isn't the big taxpayer ripoff that it so clearly is.

I do notice that you seem to be more objective than I am on the subject. I do believe ethanol has a place in our energy future. There is nothing postive I can find about generating it from corn at huge taxpayer expense when we could import it so cheaply from friendly countries, countries who would use our dollars to stimulate their economies instead of trying to destroy us. What is happening now is insane.



To: richardred who wrote (1442)3/31/2008 10:40:46 AM
From: Glenn Petersen  Respond to of 2801
 
I believe Ethanol from corn is a start to get the infrastructure built. The internet and telcom had bubbles too. Infrastructures were built...The ethanol from corn infrastructure should be able in time to be converted to a bio-mass.

An excellent point...and the conversion can't come too soon.

Farmers Expected to Plant Less Corn

Monday March 31, 9:08 am ET

By Mary Clare Jalonick, Associated Press Writer

Less Corn in the Ground Could Translate Into Higher Grocery Bills

WASHINGTON (AP) -- Farmers are expected to plant less corn this year, according to the Department of Agriculture, and that could mean higher bills at the grocery store.

Corn prices have skyrocketed in recent years, helped by the burgeoning ethanol industry, which turns the crop into fuel, and rising worldwide demand for food. The higher prices have hurt poultry, beef and pork companies, who use corn to feed their animals.

Farmers are expected to plant 86 million acres of corn this year, the government predicted Monday, down 8 percent from 2007, when the amount of corn planted was the highest since World War II. The decreased supply could drive corn prices even higher -- a cost for food producers that could be passed on to consumers.

According to the agriculture department, corn planting is expected to remain at historically high levels but could be down this year because of the high expense of growing corn and favorable prices for other crops, such as soybeans.

As many farmers have made that switch, soybean planting is expected to be up 18 percent this year, at almost 75 million acres. The largest increases in soybean planting are expected in Iowa and Nebraska.

Though the ethanol industry is heavily subsidized and has contributed to the rise in prices, a decrease in corn production could hurt that business, too. Higher prices for the crop could be passed on to those filling their cars up with the renewable fuel.

The number of ethanol plants has increased from 50 in 1999 to 134 now with more being built, according to the Renewable Fuels Association. An average, 100 million gallon-per-year ethanol plant consumes about 33 million bushels of corn.

The Department of Agriculture report is based on sample surveys of 86,000 farm operators in the first two weeks of March.

yahoo.com