HAVE A GREAT TUESDAY READERS!

Take a close look at this graph from a recent report on the impact of ethanol production for gasoline compared to food prices. Does this not clearly demonstrate the impact of ethanol production on food prices? I find it rather DRAMATIC!

I continue to hear and read more and more stories how ethanol gasoline is having a greater and greater negative impact on so many industries who are pleading with the government for relief. Here is another story about how the economic impact of the huge increase in ethanol production is affecting everyone. You don't have to ask the shopper in the family about the incredible price increases of everything made from corn.........bread, cereal, meat, poultry, pork, ice cream and so many other items that have increased by 100 - 300% in the last 3-4 years.

Here is another article on this issue:

Report Reveals Ethanol’s Impact On Economy Greater than Thought

Oct 10, 2011 12:30 PM

A report issued last week by the National Research Council (NRC) found that the federal Renewable Fuel Standard (RFS) has “contributed to upward price pressure on agricultural commodities, food and livestock feed since 2007.”

The NRC report concluded that the “(livestock) market has experienced increased competition from the biofuels market.”

The NRC discovered that while distiller’s dried grains with solubles (DDGS), which is a byproduct of the ethanol production process that can be fed to livestock, can reduce some of the pressure, its use is limited because it impairs “efficient production and the quality of the (livestock) products.”

Finally, the NRC found that it is highly unlikely that the ethanol industry can meet the RFS mandate to produce 16 billion gallons of cellulosic ethanol by 2022.

The National Pork Producers Council (NPPC) has repeatedly warned about the negative – if unintended – consequences of U.S. biofuels policy on the U.S. pork industry, especially in the event of a feedgrain shortage.

“A thorough evaluation of the nation’s renewable energy policies can lead to solutions that support production of renewable energy without damaging pork producers and other feedgrain users or without unnecessarily raising food costs for consumers,” says NPPC Vice President Randy Spronk, a pork producer from Edgerton, MN.

"Pete" Landry.........comments welcome at ...............way2gopete@yahoo.com