Former Texas Congressman Charles Stenholm was the moderator for our second session here at the Farm Foundation Global Trade & Policy Issues conference. I don’t think you’ll find anyone more knowledgeable about the policy side of this discussion.
He says that it’s clear to everyone that the price of our basic commodities which was extremely beneficial to our producers has had a tendency to increase the price of food. He says that it’s had a major affect on our livestock producers. He thinks Congress has a difficult challenge in front of it. He’s all for alternative biofuels but he wonders about subsidizing biofuels for example. One thing he thinks we should have looked at is a counter cyclical program. We’ve heard it said before but he said it again, that the price of corn will be set by the price of oil.
You can listen to my interview with Mr. Stenholm here: [audio:http://www.zimmcomm.biz/farm-foundation/ff-global-09-stenholm.mp3]
You can download the interview with this link (mp3).
You can find photos from the conference here:
Transition To A Bio Economy Conference: Global & Trade Issues Photo Album


Providing us with a “Technical Global Biofuels Analysis” here at the Farm Foundation Global Trade & Policy Issues conference was Thomas Alfstad, Brookhaven National Laboratory.
Michael Schaal is with the Energy Information Administration which is part of the U. S. Dept. of Energy. He spoke early on the program at the Farm Foundation conference about the global outlook for energy.
Both Chrysler and General Motors (GM) reportedly did not meet the terms of their Federal loans but they will be given a second chance to restructure and survive. This news is admist General Motors Chief Executive Rick Wagoner, who led the company for nine years, stepping down at the request of the Obama administration and Chief Operating Officer Fritz Henderson taking over.
“Let me say this as plainly as I can. If you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired just like always,” Obama said in a speech today. “Your warranty will be safe. In fact, it will be safer than it has ever been. Because starting today, the United States will stand behind your warranty.”
Today and tomorrow I’ll be covering the Farm Foundation,
A proposed federally-owned “green bank” could finance many renewable energy projects, getting the credit markets for alternative energy moving again and spurring the burgeoning green economy.
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The Sioux Falls Landfill is now providing methane gas to help power the daily operations of POET’s 105 million gallon per year ethanol 
The very first “Ask the Expert” event will take place at the