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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (5041)	11/11/2006 9:07:06 AM
From: Wharf Rat	Respond to of 24210

Ethanol, farming and the weather: airdale on Saturday November 11, 2006 at 9:01 AM EST Yesterday when visiting ADM I jotted down the yardboard prices on grains. Grain Cash January Corn 3.67 3.72 Soybeans 6.23 6.83 Wheat 4.98 Milo 3.82 4.03 The prices have risen quite a bit but in the last day or so have fallen some few cents due to USDA crop report just out. The weather is very bad in my area of the midwest and is causing tremendous problems in the field but the worst is high moisture content in the grain. The farmer gets 'docked' for this since it requires a lot of energy(gas of what ever form) to dry the grain to good storage values. If you have 16% in milo then you can lose perhaps $.50 per bushel which is very significant. Much of the grain is going out at 17 and higher. If you hit 20 they might not take the grain or tell you not to bring anymore of it in. So this is the point I am heading towards. Global Warming and its possible negative effects on ethanol or use of our crops for fuel. It appears to me and others that the extremes in weather we are experencing is likely due to GW and other facets that are related directly to GW(El Nino,etc). These effects play havoc with crops and crop management. Right now we have semi's broken down in the field, tractors stuck, combines struck and damaged due to the condition of the crops. All this might be multiplied many fold in the future if the weather continues to worsen as I assume it likely would. Some farmers may find they can no longer continue. One of my friends still has a third(1,000 acres of crops) still at risk and still not in the bin. Water levels rising , soil not drying,and more. Fingers are crossed and the farmers are basically working extremely long and hard hours. Will all this go in the future just to keep soccer moms happily motoring? To keep the Wal-Marts flourishing? I wonder. theoildrum.com