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    « President Bush Answers Questions On Ethanol, Fuel Efficiency And Gas Tax | Home | Ethanol Excitement Slowing »

    Ethanol Helps Fuel US Family Farms’ Future

    By Mr Ethanol | October 16, 2007

    john-thompson.jpg

    Voice of America:
    U.S. farmers have gone through many cycles of boom and bust. But as VOA’s Jeffrey Young reports, prospects for American agriculture are looking up, thanks to rising crop prices and land values, especially in areas where corn is grown.

    In the Midwestern U.S. state of Iowa, corn and other crops cover the gently rolling ground as far as the eye can see. John Thompson farms near Webster City.

    Thompson says this bounty is a gift from natural events long ago. “Here in Iowa, we’ve got some of the richest black topsoil of anywhere you’ll find in the world. It’s deep, and it’s extremely fertile. The reason for that is during the Ice Age, there were four glacial movements that came through Iowa,” he explains.

    But Iowa’s rich soil did not always translate into wealth for those who farmed it. In the early-to-mid 1980s, depressed crop prices and high interest rates caused a growing number of family farms to fail.

    Read on.

    Topics: Agriculture, Biofuel, Ethanol, Positives |


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