Rising food prices continue to make headlines and all too often the blame is placed on the use of corn for ethanol. In this DomesticFuel Cast, we hear from two economists who have spent their entire careers studying farm and food prices – Jim Duffield with the U.S. Department of Agriculture and John Urbanchuk with the global economic analysis firm …
Texas Report Studies Ethanol and Food Prices
A study done by Texas A&M’s Agricultural and Food Policy Center concludes that corn prices have had little to do with rising food costs. The report, “The Effects of Ethanol on Texas Food and Fuel,” also finds that relaxing the Renewable Fuels Standard (RFS) would not result in lower corn prices for livestock and poultry feeders. According to the study, …
Latest Ethanol Podcast Features Industry Leaders
The latest “Ethanol Report” podcast from the Renewable Fuels Association features comments from four ethanol industry leaders about the future of the ethanol industry and what role the RFA will play in it. Featured are RFA Vice Chairman Tom Branhan of Glacial Lakes Energy in Watertown, South Dakota; Renewable Fuels Foundation chairman Bill Lee with Chippewa Valley Ethanol in Minnesota; …
Corn Forecast Still Historically High
The first USDA forecast of corn acreage to be planted this year may be eight percent less than last year, but its still the second-highest acreage intention since 1949, according to the National Corn Growers Association. NCGA officials also point out that the anticipated 86 million acres of corn is still only an educated guess at this point, since almost …
“Biogasoline” Could Compete With Ethanol
Shell and Virent Energy Systems of Wisconsin have announced a joint research and development effort to convert plant sugars directly into gasoline and gasoline blend components instead of ethanol. 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 …
Transitional Ethanol
On Saturday in Indiana, Presidential candidate Barack Obama echoed what a Nobel laureate in physics said Wednesday in Nebraska – corn-based ethanol is a transitional technology. During a campaign stop in corn country over the weekend, the Terre Haute News reports that Senator Obama was asked what he thought about corn-based ethanol. Obama answered, “We spend a billion dollars a …
Helio in Iowa
Two-time Indy 500 winner and “Dancing with the Stars” champion Helio Castroneves was in Iowa Wednesday to promote the Iowa Corn Indy 250 on June 22. Castroneves drives for Team Penske in the IndyCar Series. This will be the second year for the ethanol-fueled race at the Iowa Speedway in Newton. The premier Iowa Corn Indy 250 last year was …
Missouri Corn Growers Honor Governor
In honor of his commitment to renewable fuels, the Missouri Corn Growers Association has presented Missouri Governor Matt Blunt with this year’s President’s Award. This is the second year in a row that Governor Blunt received that award from the MCGA and the first time anyone has been a two-time recipient of the organization’s highest honor. “With our support for …
Corn Genome Map Opens New World
Mapping of the corn genome opens up a new world of possibilities for producing more food, feed and fuel from maize. The announcement was made last week that scientists at Washington University in St. Louis have completed the first ever mapping of the corn genome, only the second crop after rice to have its genome sequenced. The genetic data is …
Ethanol Baby
There were lots of babies at the 2008 Commodity Classic but this one really caught our attention. Her name is Danica – after Indy race car driver Danica Patrick – and her little onesie featured the IRL logo on the front and on back it said the “Smell of Ethanol.” How cute is that! Her parents were letting her pose …