On the other side of the coin the more grain that is turned into fuel, the more flak we take from Human Rights organizations telling us how we need to use all the crops for food production, to feed the starving, and exploding population( a valid argument but yeilds have been steadily increasing enough to compensate)
Prices at the current level $1.52 for 87octane make ethanol look more economical but three months ago it was $1.12 OPEC is predicting a glut of petrolum on the market place in June. I don't think the genral public will pay a premium for ethanol, I will and most farmers will. We ran the numbers as a grad assiment to how cheap corn would have to sell for to compete with $1.18 gas about $.80 a bu not going to happen (but keep in mind this is a new agri-business which the needed processing plants are neither built or paid for yet until that happens we do not have a level playing feild with the pertrolum industy)
Politcs plays heavily on ethanol we have been promised a plant 2 years ago, farmers have sighed production contracts, no plant
Amroy, MS can not meet producion requirments but is getting a plant anyway
Soydesiel can be blended at 98% with minimal power loss we should up the blend
Prices at the current level $1.52 for 87octane make ethanol look more economical but three months ago it was $1.12 OPEC is predicting a glut of petrolum on the market place in June. I don't think the genral public will pay a premium for ethanol, I will and most farmers will. We ran the numbers as a grad assiment to how cheap corn would have to sell for to compete with $1.18 gas about $.80 a bu not going to happen (but keep in mind this is a new agri-business which the needed processing plants are neither built or paid for yet until that happens we do not have a level playing feild with the pertrolum industy)
Politcs plays heavily on ethanol we have been promised a plant 2 years ago, farmers have sighed production contracts, no plant
Amroy, MS can not meet producion requirments but is getting a plant anyway
Soydesiel can be blended at 98% with minimal power loss we should up the blend