Corn and Ethanol.

I'm gonna try repentance from here on out, starting tomorrow.

I meant starting later tomorrow. But I'm going to do it, really, I am.

I can't post a link to a factual government study that says nothing costs more and everything will be all right, and believe me I looked. But if my checkbook is a guide and someone stands there and tells me things don't cost more, then one of us is full of crap. No, I won't share the details of my checkbook (not debit card because that costs $5 more) with you, but I will trade you mine for yours.

omg, What have we done?

Please, don't mess with the corn. It is a sacred gift. And we don't need to go pissing the gods off right now. Like petulant children, never happy and always have to go changing things because it's not exactly to our liking. Fools.

Say hello to my little friend.

View attachment 15545
 
Imagine what the crop would look like if we didn't pay farmers not to grow corn!:nuts:
Sorry Viva, I love you man...

What would the border look like if we didn't pay illegal immigrants not to grow dope, and not to haul it in for U.S.?

Side note: I wonder if all our problems are of our own making? I haven't read it lately, but I'm pretty sure the Bible says something about that, reap what we sow or some such nonsense. Yep, we're doomed. I'm done with all that shaking my fist at the sky for all the injustices thing. I'm gonna try repentance from here on out, starting tomorrow.
 
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Sorry, I got a little off track there.

What I really meant to convey was:

Hot diggity I'm buying ADM on Monday and thank goodness for unicorn fart plants.

Where's PO when you need him?
 
Anyone who says that ethanol is causing food prices to rise, is fundementally incorrect. Ethanol production means MORE corn is grown as a result of demand, and the byproducts are used for even more animal feed.

I'm no ecomomist so riddle me this: Where do all the extra acres to grow the magic GMO corn come from?

a) from idle/vacant land not well-suited to industrial ag production with it's attendant fuel and machinery, fertilizer, and water costs? Because that might be bad for conservation ideas that protect habitat which keep the natural critters happy which makes the natural critter huggers happy. And you don't want those folks mad at you. But it's just seeds man, you can keep some and grow more free money next year. Wait, you mean I can't because of patents and lawyers and stuff? And they're sterile besides? Hey, you want to buy some sterile potential plants man? Just call me Jack, and this here is my beanstalk.

b) from acres usually devoted to wheat because then wheat maybe commands a supply/demand premium and then more wheat is planted to capture the opportunity? Because the noodles and bread and stuff might start to cost more. And because that might steal acres usually devoted to barley and other feed grains, placing them at a premium and thereby making it more expensive to grow beef which means hamburger costs more at the store? Don't want the prime rib crowd to get mad either. Although it should offset some with all the truckers making more money to haul Dry Distillers Grains back to the farm that grew the corn instead of feed grains which they now got to buy at a premium and ship back home to get a bite of steak. But that's commerce, I just hope the fuel don't cost much to do all that circular hauling to get the modified feed back to where it started because that could be bad. Unless you are selling magic fuel. Or collecting tax on magic fuel.

c) Let's go back and take it from the touchy feely acres bunch but then we could provide subsidies to encourage folks to plant remedial stuff like camilina and hybrid poplar (read more magic plants) to offset the natural order we just disturbed, and we could use that cellulostic fiberstuff to make magic fuel which we can give a tax subsidy to since it's green but then it's also fuel so let's tax the tax cut as profit because it's really just fuel and that contributes to damaging the ozone even though the product thrives on CO2 helps eat the damaging ozone holes. Oh what a tangled web we weave. Is it just human nature to think we can fix mother nature? That should keep the eat local/patchouli folks happy because they're gonna get to eat local production, after it travels back in a big old circle, after they pay for it. I wonder if all those transactions generate income (tax) for some outfit, qui bono?

d) Anybody want to play dominoes?

e) Brother can you spare some rice?

I'm glad the numbers that come out don't show any inflation because that would be bad for folks on fixed income, or in fixed income investments, because they can't or won't invest in equity ownership. Because if you had to invest in equities just to afford to buy the products the companies that issue the equities produce just so you can eat not cat food then this model is way ****ed up.

What'd you have for supper?
 
Yep - the American farmer does it again.

Corn stocks are just fine- and it looks like a record corn crop this year is on the way.

And yes- the corn is used for BOTH FOOD AND FUEL... and even the fuel kind only uses the starch, and turns the remainder into additional animal feed called DDG.


Anyone who says that ethanol is causing food prices to rise, is fundementally incorrect. Ethanol production means MORE corn is grown as a result of demand, and the byproducts are used for even more animal feed.

Food AND fuel for America.


Corn price today: $5.92 down .40 cents

Imagine what the crop would look like if we didn't pay farmers not to grow corn!:nuts:
 
Must be all the water covering the fields up north? Man those subsidies are really pulling in the farmers what a year for moonshine. Have you a link to that article?
 
USDA shocks market with bigger-than-expected corn stocks
* Corn hits loss limit, down 6 pct, down 26 pct from June
* Corn sees fifth weekly, worst month since 1996
* Wheat drops 7 percent, soy down 4 pct on USDA data
(Updates with midday trading, add details)
By Carey Gillam

WASHINGTON, Sept 30 (Reuters) - U.S. corn futures plunged
more than 6 percent on Friday, falling for the fifth week in a
row after a government report showed a larger corn supply than
expected and erased the need to ration demand with high
prices.

The spot corn price locked at the loss limit for most of
the morning trading session, falling to the lowest point in
9-1/2 months and heading for its biggest monthly decline in
nearly 15 years.
Yep - the American farmer does it again.

Corn stocks are just fine- and it looks like a record corn crop this year is on the way.

And yes- the corn is used for BOTH FOOD AND FUEL... and even the fuel kind only uses the starch, and turns the remainder into additional animal feed called DDG.


Anyone who says that ethanol is causing food prices to rise, is fundementally incorrect. Ethanol production means MORE corn is grown as a result of demand, and the byproducts are used for even more animal feed.

Food AND fuel for America.


Corn price today: $5.92 down .40 cents


corn-09-30-2011.JPG
 
Good morning James.
bunk!

Good morning to you too.

This is what I want to know-

I want to know....How come that even though the price of CRUDE OIL has dropped about .20 cents a gallon in two weeks (and about $5 a barrel), Why hasn't the price at the pump not moved a penny lower? How come?

Answer me that, oh Shell Answer Man!
220px-Logo-shell.jpg


:D
 
FOOD PRICE INFLATION is one hell of a price to pay for under performing very expensive Moonshine fuel for our cars. STEAKS anyone?
 
Cool stuff, dude. Thanks. Here are two others of possible interest from the Combustion Research Facility in Livermore, California:
March/April 2011 -- Vol. 33, No. 2: "Combustion properties of biomass lignin residues determined" (re: biofuels)
May/June 2011 -- Vol. 33, No. 3: "Thermochemical integration key to improving the efficiency of bio-ethanol production"
Only point I'm making here, probably of vanishing interest, is they're working on it. Sure, no surprise, and this only shows I am lazy
that I didn't extract the useful tidbits from it. But anyway, here.

My thesis adviser at UF, Prof. Alex Green, was heavily involved in biomass combustion, actually he started out on coal and gas in 1980,
until he retired and then some. Just celebrated his 92nd BD. As his grad student around 1982, I adapted a rocket plume code to do a flame calculation, and it worked, but then we had to move on to something else because of funding. Too bad, 'cause it was fun.

We've got an industry in NW Florida producing wood pellets from pine tree harvest, the Swedes buy it. Another green energy source.
 
New report out of the Argonne National Labratory in Illinois-

Debunks five common myths about ethanol.

http://www.wired.com/autopia/2011/06/five-ethanol-myths-busted-2/#more-36218

A small sample:

Myth No. 1: Ethanol requires more energy to make than it yields.

False. Argonne National Laboratory research has shown that corn ethanol delivers a positive energy balance of 8.8 megajoules per liter. The energy balance from second-generation biofuels using cellulosic sources is up to six times better, according to a study published in Biomass and Bioenergy Journal.
There are two key reasons ethanol is no longer net energy negative.

First, corn production efficiency has increased dramatically: Producers now grow 160 bushels per acre today versus the 95 grown in 1980, and corn yield continues to increase.
Second, ethanol production has become more energy-efficient. Today, more than 90 percent of corn used in ethanol production goes through a dry milling process that uses far less energy than the wet milling process used before. The combination of more corn per acre, coupled with a reduction of energy input to process ethanol, has resulted in a favorable energy output. The gallons of ethanol yielded per bushel of corn has also increased by about 50 percent.


Myth No. 2: Ethanol production reduces our food supply.[

False. Only 1 percent of all corn grown in this country is eaten by humans. The rest is No. 2 yellow field corn, which is indigestible to humans and used in animal feed, food supplements and ethanol.

Specifically, a bushel of corn used for ethanol produces 1.5 pounds of corn oil, 17.5 pounds of high-protein feed called DDGS, 2.6 pounds of corn meal and 31.5 pounds of starch. The starch can be converted to sweeteners or used to produce 2.8 gallons of ethanol. DDGS displaces whole corn and some soybeans traditionally used in animal feed. The United States is a large exporter of DDGS to China and other countries.

Additionally, the food-versus-fuel debate has spurred significant research and development of second-generation biofuels like cellulosic ethanol that do not use food crops. Cellulosic ethanol is made from the “woody” structural material in plants that is unusable by humans. Unlike food crops, ethanol crops and cellulosic ethanol crops can grow in any soil that will sustain grass. Researchers, including Argonne, are investigating using marginal land to grow ethanol crops. Studies from the U.S. Department of Energy suggest the United States has enough non-edible biomass to produce approximately 30 percent of our total transportation fuel requirements by 2030. That could go a long way toward easing our reliance on imported petroleum. Taken together, the increase in crop yield and the use of marginal lands can enable us to produce food and fuels.
 
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