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Corey872

Stopping all biofuels could cut grain price 20%!

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Fox "news" is hardly an objective source on anything. It is a right wing propaganda outlet for owner Rupert Murdoch, nothing more, nothing less.

 

Corn varieties used for creating ethanol are not the same corn that people eat. It is modified corn that is designed for fermentation, not table desirability. Global weather conditions and global demand has far greater influence on price than corn grown for ethanol production. What is valid to say is that a farmer might grow corn for ethanol instead of sweet corn for human consumption but the fact is that we do not have a shortage of corn. The US exports millions of tons of corn every year. This is a non-issue.

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Might sound a bit excessive what I am saying here, but there is much truth and even more benefit to it:

 

Stopping all gasoline fuels and only using biofuels could ...., well? Make the world a better place.

 

For starters (cause humans forget so easily): talk to the folks living on the Gulf.

 

Know what I am talking about? Good. Now lets see what else we would not need anymore by eliminating or drastically reducing fossil fuels. Tons of stuff.

 

Greetings!

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Lots of corn growers could switch to sweet sorghum

That would be able to double our current ethanol production consuming half the water ,also could expand to dryer lands as well

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while i'm encouraged by the potential of sweet sorghum... it is NOT going to replace corn.  It could supplement corn ethanol, and expand ethanol... but there are too many limitations...

 

first and biggest of these is the fact that the extracted juice must be fermented immediately upon harvest... which means that you are storing billions of gallons of the sorghum beer for eventual distillation, or you are condensing the juices into a molasses like thickness for storage, before then fermenting as needed through the year like you would molasses...

 

May work very well for farm/homestead levels of production... but you will not see a 55mgy corn ethanol plant in Nebraska able to stop using corn and switching to sweet sorghum.  It could replace it for several months a year, but then you would have the massive expense of new equipment and processes that would be little used the other months of the year...

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This whole food cost thing is mostly nonsense. You could make ethanol from almost anything that will ferment. A lot of it is investing in the infrastructure to do so, and what is at the moment convenient to do.

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Yes I agree. I've been debating with people and when you figure that corn was mostly in the $2's in the 1980's, adjusted for inflation, food isn't expensive and $7 corn isn't bad either. Problem is that people working at McDonald's aren't getting paid enough inflated dollars. IMHO.

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you hit the nail on the head....  inflation is the #1 cause of the problems.  Fueled by the rampant printing of money and congering up of money out of thin air at the Fed.  Made worse by our addiction to two major things.... cheap imports from China, and oil from overseas (not just the middle east, but all foreign producers, including Canada and Mexico).

 

Washington doesn't care really about inflation, because they only stand to gain by it.  If they ramp up inflation, it makes it easier to pay back their grossly out of control debt.  Inflationary debt fiance is a risky game...  Lots of countries have tried it (Brazil, Argentina, Zimbabwe... to name a few), none has really worked out at all...

 

Have any of you been watching the price of gold and silver? :o

 

Sign of lack of faith in the markets, and inflation!  I'd venture to guess that a ton of corn is worth about the same amount of gold/silver today as it was 10, 20, 30, 300 years ago.  Physical things have inherent value.  Fiat currencies are simply idle promises backed by lies and manipulation... so their value inevitably goes down over time.  Physical things value has not changed, just the value of the currency used to purchase them has.

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$7 corn isn't bad either.

 

 

Except it IS bad ..it HAS raised the price of raising cattle ,hogs , poultry etc..and those costs get past on to the consumer.. $7 corn has made E85 unable to compete..even WITH the 45 cent Blenders credit

 

 

$7 corn means Ethanol Producers are either in the red or barely hanging on...

 

 

 

 

 

 

Corn was in the $4 range last year which was almost double what it was the previous decade..$4 -5 corn allows EVERYONE to be able to profit ..with Oil in the $80 range..  $7 corn just a select few to profit

 

 

$7 corn would be fine if Oil was $120 a barrel but it isnt ..

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