Corn and Ethanol.

[James48843]

U.S. ethanol production uses just 3% of the world’s grain supply and none of its food grains like wheat and rice. Equally important, U.S. ethanol demand for grain is part of an ever-larger global supply. As the chart shows, U.S. ethanol demand for world grain is just a sliver of a growing pie.

U.S. ethanol production uses just 3% of the world’s grain supply and none of its food grains like wheat and rice. Equally important, U.S. ethanol demand for grain is part of an ever-larger global supply. As the chart shows, U.S. ethanol demand for world grain is just a sliver of a growing pie.

Read how ethanol SUPPORTS the production of grain in this nation.

http://ethanolrfa.3cdn.net/5c773e30a68c7c8c40_78m6bjbrj.pdf

 

[James48843]

There is actually a surplus in the amount of corn grown about the amount of corn used in this country.

 

[James48843]

Corn production in the US is actually forecasted to grow 5% this year.

The number of planted acres is going to rise, and the production per acre is forecasted to rise as well.

​

 

[RealMoneyIssues]

<SARCASM>No, that can't be the reason why. Ethanol doesn't cut into food crops or take away land to be used for food crops. Say it isn't so... is it???</SARCASM>

 

[nnuut]

March 31, 2011, 2:29 p.m. EDT
Corn use for ethanol is also growing, further cutting into end stocks.
Corn “inventories are a lot less than we thought,” said Kelly Wiesbrock, http://www.marketwatch.com/story/low-us-corn-supplies-to-affect-food-prices-2011-03-31

That's one reason, the other is that demand is high in other countries food shortages are abundant and getting worse. That's one big reason for the demonstrations in the CRAZY Arab Countries, they can't afford bread.

 

[RealMoneyIssues]

No, not higher corn prices...

Why is this happening???

 

[nnuut]

March 31, 2011, 2:29 p.m. EDT
Low U.S. corn supplies to affect food prices

Inventories dwindle as U.S. farmers intend to plant near-record crop

By Matt Andrejczak, MarketWatch
SAN FRANCISCO (MarketWatch) — Agricultural commodities traded higher in the futures market Thursday as a U.S. government report showed low corn inventories, a situation that threatens to keep upward pressure on food prices.
Corn stocks were down 15% to 6.52 billion bushels as of March 1, compared to the year-ago period, the U.S. Agriculture Department said.
Corn is a staple ingredient in many packaged foods and used as a feed grain by meat producers to fatten pigs and chickens. Corn use for ethanol is also growing, further cutting into end stocks.
Corn “inventories are a lot less than we thought,” said Kelly Wiesbrock, portfolio manager for San Francisco-based Harvest Capital Strategies, which specializes in the agricultural sector. “We are more susceptible to supply-side shock. You don’t fix inventory tightness in one year.” http://www.marketwatch.com/story/low-us-corn-supplies-to-affect-food-prices-2011-03-31

 

[crws]

James, I think you'll get a kick out of this if you haven't seen it yet.

http://www.imdb.com/title/tt1112115/

 

[James48843]

Iowa E85 Sales Up 43% In 2010

The Iowa Renewable Fuels Association (IRFA) today announced that E85 sales in Iowa reached an all-time high in 2010. According to the Iowa Department of Revenue, sales of E85 by Iowa retailers reached 9,311,908 gallons last year representing a 43% increase over 2009 sales.

“E85 has been a great success for Iowa consumers and retailers alike,” stated IRFA Executive Director Monte Shaw. “With gasoline prices shooting skyward, E85 is the most cost-effective fuel choice for consumers today. And many E85 retailers have noted that E85 accounts for almost 10 percent or more of their total fuel sales. With more and more flexible fuel vehicles rolling off assembly lines, the only thing holding E85 back is the lack of E85 pumps.

More: http://theenergycollective.com/mikegregory1/53317/iowa-e85-sales-43-2010

 

[Buster]

Here's a question..

Back when Diesel engines were first invented (Rudy)..thay <---(thats southern talk) used Peanut oil for fuel, because crude oil wasn't known of yet (discovered) to make diesel fuel..

So....If there was no crude oil yet, what did they use for crankcase oil..?

Next we'll talk about how an ant can find a hand hold on a mirror.

 

[burrocrat]

Yup, got it. My bad.

Like that 4 hour all employees thing a while ago about anger in the workplace.

Liberal was an offensive term and never to be spoken but the employee who routinely said "you republican assholes" was excercising his first ammendment rights.

Shut up and keep the job. Shut up and keep being a member of TSPTalk.

I will comply.

no, no, no.

if you shut up and comply, i'm coming over there right now to kick you into non-compliance until you scream.

that unicorn generation plant is the best idea i've heard in a long time.

and i hear a lot of ideas, wish they would shut up sometimes, it's not what their saying so much as the echo in here.

 

[burrocrat]

Are you kiddin' me?:laugh:I think I'm going to Lounge around right now!

oh god, please don't put on the elvis suit, please?

you should check out the jail, i think PO is due for a visit.

 

[PessOptimist]

Yup, got it. My bad.

Like that 4 hour all employees thing a while ago about anger in the workplace.

Liberal was an offensive term and never to be spoken but the employee who routinely said "you republican assholes" was excercising his first ammendment rights.

Shut up and keep the job. Shut up and keep being a member of TSPTalk.

I will comply.

 

[nnuut]

Are you kiddin' me?:laugh:I think I'm going to Lounge around right now!

 

[Buster]

it's not like we were posting in the lounge or something, that is so yesterday.

 

[PessOptimist]

Yeah James... I know it's a lot more complicated than corn tortillas to gas. It is only one of many interim solutions until we get that magic stuff working.

In the mean time, why not use what we got?

In my elementary school days (60s) one of our teachers said the US was using foreign oil so when it ran out we could then use our own while figuring out what to do next. He was considered a heretic and eventually his contract was not renewed.

Gee, maybe he was right and now is the time to drill for our own resources. Continue to use foreign oil but be ready. Have that capacity available.

Any technology for energy needs to be investigated. To declare any one of them to be 'the one" is being over optimistic. E85 has lots of problems. Distribution is only one of them.

Electric cars are a great idea. Zero emissions and a range of 40 or so miles. Perfect for the typical user. Oh, wait, where does that magic electricity come from? Oh, yeah, those zero emission power plants.

We have a lot of work to do about this whole energy thing. To say that any one experiment in to alternatives is the ultimate solution is not correct at this point. Most that promote these alternatives stand to profit from them. Like GIM. Should every person who buys a ZEV not be required to buy a carbon credit for the environmental damage done by the electricity used?

 

[nnuut]

They are all full of crap up to their eyeballs that's why they are brown.:nuts:
Yea, bu transfering threads to BeltwayTalk is not one of my abilities, "T" is the only one that can do that magic.

 

[burrocrat]

I must say..this has all rather been very stimulating..but do I dare say..it probably would play better on Tom's nerves had this been taken over to the Beltway?..I'm no mod here..But, just saying
..

it's not like we were posting in the lounge or something, that is so yesterday.

nobody looks in the economic threads on the weekends do they? see, that way they won't have their illusory sensibilities offended by some potential accident totally within their control.

 

[Buster]

I must say..this has all rather been very stimulating..but do I dare say..it probably would play better on Tom's nerves had this been taken over to the Beltway?..I'm no mod here..But, just saying
..

 

[crws]

ho hum
gettin late.
Gotta get my gas mask, fallout suit, and RAD counter in order for tomorrow's trip to work- tearing down DBCS machines so the day of deportation may arrive.
No fighting, now, boys. :laugh: