Farmers Benefit From Ethanol
By Cindy
Posted: January 17, 2008
Posted: January 17, 2008
A poll done by Reuters at the 89th annual American Farm Bureau Federation convention this week found that over 70 percent of farmers surveyed say ethanol has helped boost their bottom line.
The poll also showed that 90 percent of farmers said they would not reduce their corn plantings this year because of an increased supply of ethanol in the Midwest.
“You look at feed grain demand and worldwide production levels they’re going to plant because the demand is there for uses besides ethanol,” said American Farm Bureau Federation President Bob Stallman.
The 686 farmers sampled were responding voluntarily from about 5,000 in attendance at the Farm Bureau’s annual meeting in New Orleans.