Officials with the Food and Agricultural Policy Research Institute say biofuels will drive agriculture for at least the next 10 years.
This story from Southeast Farm Press quotes FAPRI livestock analyst as saying “It’s hard to talk about a baseline without saying something about biofuels.”
“We’re expecting in 2008 that ethanol production from corn to be nearly 11 billion gallons and continuing to grow to 15 billion gallons. The recently passed legislation (by Congress mandating biofuel usage) certainly has an effect on ethanol production long-term.”
However, ethanol production is just one of the reasons why FAPRI — whose reports are relied upon by Congress when crafting legislation — sees crop prices “that have moved higher. When looking at the baseline, we anticipate those will continue to (remain) higher.
“It’s also important to note that export demand has been strong in a number of cases. We’ve been surprised at the strength of corn exports given a major run-up in corn prices.”
For soybeans, FAPRI sees “nearly 70 million acres being planted. We continue to watch this closely. These numbers were done back in January and market prices have changed and the acreage mix will continue to make adjustments. Until we get to spring planting, these numbers could move substantially given the types of price changes occurring.”
Brown says the combination of high feed prices along with increased fuel prices will make it pretty tough on livestock producers’ bottom lines for the next several years.


The 79-year-old multi-billionaire was on CNBC earlier this week talking about energy, oil prices and ethanol. According to
Classic Chevrolet/HUMMER spent more than $500,000 to install nine pumps dedicated to E85, E10 and biodiesel at its new Classic Clean Fuels station.
“Classic Chevy has taken a true leadership role by making E85 and other biofuels available to the citizens of Grapevine and allowing all customers who purchase a flex fuel vehicle to drive off with a full tank of E85,” said Karl Doenges, president of CleanFUEL Distribution. “Classic Chevy has gone a step further and configured their station so all municipal, county, state and federal fleets around the Grapevine-DFW Airport area can seamlessly use this site with their existing fleet management program. Everyone can now do their part for energy independence, the environment and growing our economy.”
Shipping giant UPS, affectionately known as Brown, is doing its best to be known for its GREEN practices.
Of the 167 new CNG trucks, 25 have been deployed in Dallas; 42 in Atlanta, and the remaining 100 in five California cities: 30 to Sacramento, 14 to Los Angeles, five to Ontario, 10 to San Ramon and 41 to Fresno. They join more than 800 CNG vehicles already in use by UPS in the United States. Previous CNG vehicles in UPS’s fleet were converted from gasoline and diesel vehicles in the 1980s to run on alternative fuels. The new vehicles are originally manufactured for alternative fuel use.
According to the companies, “the sugars can be sourced from non-food sources like corn stover, switch grass, wheat straw and sugarcane pulp, in addition to conventional biofuel feedstock like wheat, corn and sugarcane.”
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The Corvette Racing C6.R driven by Johnny O’Connell, Jan Magnussen and Ron Fellows captured ninth overall and first in the 12 hours of Sebring in Florida, the season opener for the American Le Mans Series.
The first-ever biodiesel fuel card has been unveiled. National Biodiesel Foundation (NBF) today introduced the BioTrucker Fuel Card, which highlights the availability of biodiesel with a network of truck stops that carry biodiesel.
A company with ambitious plans to have ethanol plants in Illinois, Missouri, Kansas and Nebraska is now planning to file for bankruptcy after being unable to raise $1.5 million in necessary interim financing.