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Corn Supplies/Cereal Prices |
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Spud ![]() Orange Level ![]() Joined: 16 Sep 2009 Location: North Dakota Points: 601 |
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Mark, the DTN Ethanol lobby thinks ethanol is a better idea? I didn't see that one coming.
How about something unbiased.
I still did not see any subsidies in there. Just tax breaks. I have never heard of the government forcing people to buy oil, unlike ethanol.
Let's all be honest here. Ethanol is a sham to buy farm votes. You can try to defend it all you want but we all know the truth.
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Lonn ![]() Orange Level ![]() ![]() Joined: 16 Sep 2009 Location: Назарово,Russia Points: 29792 |
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Yep, hotdogs and now after a year or so without them I tried one and I could hardly eat it.
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Wink I am a Russian Bot |
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AllisFreak MN ![]() Orange Level Access ![]() ![]() Joined: 07 Dec 2009 Location: Minnesota Points: 1555 |
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Spud, you talk about being unbiased, how can you be unbiased when you work for the oil industry?
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'49 A-C WD, '51 A-C WD, '63 A-C D17 Series III, 1968 A-C One-Seventy, '82 A-C 6060, '75 A-C 7040, A-C #3 sickle mower, 2 A-C 701 wagons, '78 Gleaner M2
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Rogers ![]() Orange Level Access ![]() ![]() Joined: 16 Sep 2009 Location: Georgia Points: 2176 |
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SLOW DOWN!
I think it is safe to say that practically no one who visits this site wants to see middle eastern oil cartels get rich. I personally don't, and I doubt that very many from the US, Canada, or Australia do either. Such talk is absolutely not necessary. I'll end this post here because is really isn't on topic. It is just a statement of something virtually everyone here can agree on. Edited by Rogers - 13 Feb 2011 at 8:52pm |
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Think for yourself and be your own expert. Be willing to change your mind; however, willingness to change your mind doesn’t mean that you will. Blindly following any path is the pinnacle of insanity.
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Rogers ![]() Orange Level Access ![]() ![]() Joined: 16 Sep 2009 Location: Georgia Points: 2176 |
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This post brought up ethanol. I simply think it is not the best alternative energy source, and we should be focusing on something else.
I will simply say it is not really the most important issue to begin with whether ethanol has the energy of gas. Right now 10 to 15% ethanol is blended into gasoline. That means that we are still purchasing 85 to 90 percent of the oil used for gasoline production. I will grant that is a reduction, but it is not ending our dependence on foreign oil. If ethanol is taken up as a way to reduce dependence on foreign oil it will ultimately lengthen the time we are dependent on foreign oil. That is my real problem with ethanol.
Sound stupid? Well think about it. If we begin to produce ethanol it will create another industry which will fight for its existence. We will grow our energy consumption, and even with ethanol we will grow our dependence on foreign oil.
On top of that money will rule. It is human nature right or wrong to go after the money. Right now there is x amount of corn grown for food, and y amount grown for other purposes. If there is more money to be made in the y than the x farmers will grow the y corn. That will force up the price of the x when the supply decrease. Some farmers will then grow x corn, but the prices will have gone up to make the decision take place. It is simple economics, and it will happen no matter what paper expert says otherwise.
I don't know to what extent it will happen, but I have 0% doubt that regardless of the food value for feed in ethanol corn a reliance on ethanol will drive up the cost of food corn. On a side note which is just more economics as farmers produce more y corn for fuel there will become more and more feed grade corn which will drop the price received once the ethanol is produced. Anyway, I do see the whole picture. I simply do not believe that ethanol will prove to be a solution. It will make some wealthy though, and I don't see any reason why a farmer shouldn't go after that which makes him more money.
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Think for yourself and be your own expert. Be willing to change your mind; however, willingness to change your mind doesn’t mean that you will. Blindly following any path is the pinnacle of insanity.
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ncrc5315 ![]() Silver Level ![]() Joined: 10 Sep 2010 Location: Nebraska Points: 68 |
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Ethanol doesn't receive a subsidy either, only tax breaks. And let's not forget why ethanol was mandated. When the oil companies were required to oxygenate gasoline, their solution was MTBE, which the OIL companies forced us to buy. MTBE is nothing but poison, (see section 112b of the clean air act amendment of 1990) which the oil companies now want immunity from liability of the estimated 30 billion dollars it's going to take to clean up the contaminated ground water. That's a sham the oil companies forced on the american people. Let me ask you this, given the choice would the oil companies even allow me the opportunity to buy ethanol?
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michaelwis ![]() Orange Level ![]() ![]() Joined: 12 Sep 2009 Location: Wi Points: 8765 |
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Oh thats right .. first time that two wars were fought ..and the bill got slipped in your kids and grandkids pockets .... Edited by michaelwis - 14 Feb 2011 at 9:50pm |
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WD WD45 DIESEL D 14 D-15 SERIES 2 190XT TERRA TIGER ac allcrop 60 GLEANER F 6060 7040.and attachments for all Proud to be an active farmer
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Denis in MI ![]() Orange Level ![]() Joined: 15 Sep 2009 Location: Norvell, MI Points: 832 |
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¢I saw today that corn was at $7.17 a bushell just thought I would add my .02¢,Denis
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1938 B, 1945 B, 1941 IB, 1949 C, 2 1938 WCs, 3 1950 WDs, 1951 WD, 2 1955 WD45, 1957 D-14
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LouSWPA ![]() Orange Level Access ![]() ![]() Joined: 11 Sep 2009 Location: Clinton, Pa Points: 24518 |
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Guys,
I'm taking the liberty of jumping this over to political page. You can follow me over there....or continue here. I'm sure the origional post was not ment to be political, but it has become so, so in respect to Darin's wishes I think we need to move
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I am still confident of this;
I will see the goodness of the Lord in the land of the living. Wait for the Lord; be strong and take heart and wait for the Lord. Ps 27 |
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Rogers ![]() Orange Level Access ![]() ![]() Joined: 16 Sep 2009 Location: Georgia Points: 2176 |
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Lou, I agree. I said before this post should have been on the political forum. Thanks,
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Think for yourself and be your own expert. Be willing to change your mind; however, willingness to change your mind doesn’t mean that you will. Blindly following any path is the pinnacle of insanity.
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michaelwis ![]() Orange Level ![]() ![]() Joined: 12 Sep 2009 Location: Wi Points: 8765 |
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Great .. bring it on.....
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WD WD45 DIESEL D 14 D-15 SERIES 2 190XT TERRA TIGER ac allcrop 60 GLEANER F 6060 7040.and attachments for all Proud to be an active farmer
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Larry B ![]() Orange Level ![]() ![]() Joined: 11 Sep 2009 Location: charter oak Ia Points: 386 |
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That 7.17 is the trader price on the boaed not the cash price.Alot of the people on this sight think that it's the farmers fault that food is the price it is but that isn't true. Do you remember in 2008 when corn went up and food did too ? But when corn dropped back to the 2.50-3.00 range the food didn' change, stayed up now they will raise the food prices again, Tell me who is making the money on that one. The problem as i see it is we farmers were subsidising consumers for years with cheap corn and livestock and now they have to pay up and don't like it.
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Coke-in-MN ![]() Orange Level Access ![]() Joined: 12 Sep 2009 Location: Afton MN Points: 41775 |
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Lets take it to the POLITICAL SECTION
Edited by Coke-in-MN - 14 Feb 2011 at 5:57pm |
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Faith isn't a jump in the dark. It is a walk in the light. Faith is not guessing; it is knowing something.
"Challenges are what make life interesting; overcoming them is what makes life meaningful." |
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Spud ![]() Orange Level ![]() Joined: 16 Sep 2009 Location: North Dakota Points: 601 |
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Allis Freak. You are right that I am biased. I have three kids 1, 4, and 5 years of age that will bear a heavy tax burden for their whole life so you can make bank now.
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