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Ethanol Effects On You And Farmers
By Mr Ethanol | November 23, 2007
Komu:
Corn is a hot commodity thanks to the ethanol push. Ethanol has effects on Missouri farmers and your dinner table.
Local farmers: Who’s getting rich; who’s feeling the pinch? And how is ethanol affecting your trip to the grocery store?
David Grant is straddling the ethanol fence, and it’s a surprisingly comfortable place to sit.
“It’s a win-win situation, in my opinion,” said Grant.
Grant’s Farm produces corn and beef cattle. It’s diversified, and Grant says you have to be these days.
“It’s kind of hard to put all your eggs in one basket,” explained Grant.
“A lot of our beef producers, especially north of I-70 are kind of balancing both sides of it and taking advantage of some of the ethanol opportunities that are out there,” said Jeff Windett, Executive Vice President of the Missouri Cattlemen’s Association.
But, if you’re only producing beef, no corn. The increased price hurts.
“Seeing this raise their total cost of production to a point where its critical whether they make a profit or not,” explained Windett.
But, the Corn Growers Association says corn farmers have been struggling to make a profit for decades.
“They’ve been getting two dollars bushel for their corn since all the way back in the 60s. ‘Til just recently, just over a year ago, they’ve still been getting two dollars a bushel,” said Ethan Taylor, E-85 Coordinator from the Missouri Corn Growers Association. More.
Topics: Agriculture, Ethanol, Prices |
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