[Rhodes22-list] Energy - While You Were Sleeping

[R22RumRunner at aol.com]

Brad,
The price for corn won't take that big of a jump. Fields that were  
previously in the "land Bank" will now come out of retirement and be used for  raising 
more corn. The land bank paid farmers for not planting anything on their  
land. It was a way to control commodity prices which fell dramatically because  of 
the excess production due to more efficient farming methods. I doubt that  
corn prices will rise to much because it still is the feed of choice for dairy  
farmers who grow most of what they use. Ethanol plants are popping up all over 
 in Wisconsin and area farmers are being encouraged to grow corn to supply 
them.  Many of the tractors used to plow the fields are now using bio diesel 
which is  also becoming more readily available through the farmers cooperatives. 
Sounds  like ethenol might actually be more green friendly than one would 
think. 
In the old days, if farmers got forty of fifty bushels of corn per acre,  
that was considered the norm. Today they are getting 100 bushels or more per  
acre. Yes, corn prices on the market are rising, but that will also give farmers  
incentives to grow more which will balance out the supply and demand. 
Now if we can only get the government to quit adding 15% gasoline to the  
ethanol, I might stop drinking rum and make the switch to 180 proof  alcohol.
 
Rummy



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