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I knew this was a really bad idea when Cargill dumped it's ethanol plants a few years ado.
There is no shortage of corn. If u r willing to pay for it. US production is near avg levels. And prices have never been higher. Do any of us think corn prices will fall?
Ethanol is part of the reason corn is so high so look where it got us. Though I have nothing against the ethanol industry, I do not want to burn it in my vehicles. I hate the required 10% blend in MN. I have to buy premium fuel for all my small engines to get the non-ethanol blend. I really think we need to get back to offering non-ethanol blended fuel like most states.
This entire industry is a debacle...'food for fuel' is the worst idea since pet rocks. Ethanol does not significantly reduce our reliance on foreign oil (as it was pitched to us). And by the way, go ask a turkey farmer, beef farmer or chicken farmer how they feel about their tax dollars going to subsidize an industry that now uses 40% of the corn crop they rely on to feed livestock. A great example of why government should stop trying to manipulate markets by using subsidies. Leave the free-market alone....it has the ability to correct itself.
I would like to know what path we can follow so our government will quit using OUR Food source as fuel, when HEMP has 3 times plus the cellulose to do a better and more economical solution to this issue.
Right now would be a good time to stop using food to make fuel.
We also have legislative proposals to increase the ethanol mandate to 15%. This is a terrible idea in view of the unavailability of cheap corn and the potential damage it will do to engines not designed for a 15% blend. Ethanol mandates are a classic example of the unintended consequences of government meddling of free markets.
Shortage? really! I have 20,000 bu in storage right now, and I know a number of other farmers with the same. we are just not ready to sell right now. also a comment on eithenal; did you know for every bushel use, 1/3 of a bushel is returned a useable cattle feed which is higher in protein.
Dent or Field corn: used for livestock feed, industrial products, and processed foods
Sweet Corn: eaten on the cob or canned and frozen
Pop Corn: Pop Corn
Flour Corn: used in backed good because it has a soft, starch-filled kernels
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