ethanol

What is Future of Feed Grains and Ethanol?

ethanol production
Audio via SwineCast.com
While ethanol production has turned corn stocks into fuel, the growth curve should begin to flatten in coming years, according to Purdue Ag Economist Chris Hurt.
One big things we want to talk about, what we call a "shock" in the market, are big shocks here in the last 3 to 4 years, aka, feed grain and animal protein shocks; we're talking about corn and soybean
Chris believes we are seeing enough attitude in Congress that the biofuels industry has had preferential treatment as an infant industry to get established and get running, and now that they are established and well capitalized, it is time to cut back on direct supports and credits. Audio of Chris Hurd.

Dr. Steve Meyer - How Will Corn and Ethanol Play in 2011? | SwineCast

 

Dr. Steve Meyer, Paragon Economics, provides an in-depth pork industry economic update, from the Swine Forecast 2011 webinar, December 1, 2010.

Key factors for 2011: Ethanol and biofuels policy; Grains and costs of production; Policy decisions; Macro-economic situation – esp. $US; Last month’s elections

RFA View On Fueling Ethanol


Audio: Matt Hartwig, The Renewable Fuels Association (RFA), shares thoughts on legislation supporting the Volumetric Ethanol Excise Tax Credit (aka VEETC) and possible changes in 2011.

Congress: Should Ethanol Subsidies Be Extended?

The heat is on again in the U.S. Congress to take action before the end of the year. Next on the list is whether or not to extend the ethanol subsidies.

First up to bat in the debate are Senators Dianne Feinstein and Jon Kyl calling for end end to the ethanol subsidies.

Ethanol Self Interests Will Always Win

Former Vice President Al Gore has come out with an admission that his view on ethanol and its potential to be a solution for the world's energy issues was wrong.

Mr. Gore hinted at more than just flawed reasoning at last week's "green energy" conference in Athens, stating: "One of the reasons I made that mistake is that I paid particular attention to the farmers in my home state of Tennessee, and I had a certain fondness for the farmers in the state of Iowa because I was about to run for president."

Mr. Gore is now suggesting that such an energy source should not have government subsidies. "It is not a good policy to have these massive subsidies for first-generation ethanol," he said to a green energy conference in Athens, Greece late November.

Will the ethanol subsidies expire at the end of the year? Most likely not. But the admission from Mr. Gore supports the notion that governments don't always support initiatives because of social and environmental good. Governments will respond to strong lobbyists.

How Are Feed Vs Fuel Going To Look In 2011?

Dr. Robert Wisner, University Professor Emeritus at Iowa State University, has published an in depth report on the corn and soybean availability for biofuels in 2011.


Corn use for fuel ethanol production has become the second largest source of demand for the U.S. crop, with total corn use for this purpose expected to be only about 10% less than its use for livestock and poultry feeding in the year ahead.

He offers several points that those in animal production and crop production need to keep in mind:


  • Corn supplies will be tight and some rationing of demand likely will be needed in the year ahead.
  • With the very small reserve supplies of corn that are expected at the end of August 2011, more corn acres almost certainly will be needed next year to meet continuing demand growth.
  • In the year ahead, we anticipate further ethanol expansion, but at a much slower pace than in recent years as the industry approaches a “blend wall”.
  • With low stocks, corn prices have the potential to be very volatile.
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