Why WRDA?

In Current News, Policy, State Groups by Cindy

Despite a looming veto threat, the U.S. Senate overwhelmingly passed the Water Resources Development Act (WRDA) conference report Monday evening by a vote of 81-12, making a WRDA victory within grasp. National Corn Growers Association (NCGA) President Ken McCauley says “It’s unfortunate the administration is threatening veto. Our infrastructure cannot keep pace with demands and is falling apart. We must …

Ethanol Keeps Gas Prices Down

In Current News, Ethanol by Cindy

Rising gas prices have made headlines this year, but those prices could have been much worse if not for ethanol. The Renewable Fuels Association sent out a media FYI release drawing attention to that fact, which is backed up by recent news reports. Two recent news articles in The Wall Street Journal and the Dallas Morning News cited petroleum industry …

OECD and FAO Are Assumption Experts

In Current News, Ethanol by Chuck

The Organization for Economic Co-operation (OECD) and FAO have released their “OECD-FAO Agricultural Outlook – 2007-2016” report. It’s worth a look if you like pages and pages of assumptions. It’s already being quoted and used by the people who want to bash the development of biofuels, most especially ethanol. There’s also a background paper from their 20th meeting of the …

Head of Chevron Clueless

In Current News, Ethanol by Chuck

Or perhaps he’s just not happy with the growth of a renewable fuel like ethanol being produced here in America to replace our dependence on foreign sources of oil while also contributing to the cleaning up of our environment. Whatever the reason (you make your own conclusion) ABC Rural reports that David O’Reilly who is the CEO and Chairman of …

Farm Progress Show Musings

In Current News by Chuck

The holiday weekend caught up to us before we could get the following thoughts from the Farm Progress Show, held in Decatur, IL, posted at the end of last week. However, they’re still relevant. Thanks to Lou Malnassy, NCGA, for sending them along. At a time when high-speed internet connections have tied growers and their suppliers closer together than ever …

Colorado Ag Groups Defend Corn Prices

In Current News, Ethanol, Food vs Fuel by Chuck

After hearing national media coverage citing ethanol as the reason for higher grocery costs, Colorado Corn Growers, Colorado Farm Bureau and Ag Commissioner John Stulp decided to take a stand. Several Denver media outlets featured the story. You can see their coverage using the following links! “Farmers Defend Themselves Amid Growing Prices” – This is a KCNC News 4 story …

Popcorn Poppycock

In Current News, Ethanol, Food vs Fuel, General, State Groups by Cindy

I know Chuck already did a post on the Iowa “Popcorn Propaganda” event, but here are my thoughts to add, along with another picture. This is Iowa Corn Promotion Board intern Paul Brees with the fruits of his six hours of labor – 38.5 pounds of popcorn. The purpose of Paul’s popping project was to point out to the press …

What he said … Johanns Meets the Press Club

In Current News, Ethanol, Food vs Fuel, General by Cindy

It was inevitable that when Agriculture Secretary Mike Johanns spoke at the National Press Club on July 27 someone would ask about ethanol. The transcript says it all: QUESTION: Corn-based ethanol may help the nation reduce its dependence on foreign oil, but critics say that ethanol costs almost as much as the energy it produces. Isn’t corn-based ethanol a wasteful …

Feed Price Outlook Favorable For Livestock Producers

In Current News by Chuck

Recent rains in the Midwest have led to an improvement in the overall corn crop which is also leading to lower prices. What that means is that livestock producers are likely to see lower feed costs, despite the increased demand for corn to make ethanol. The University of Illinois’ Farm Gate has an article that does some number crunching and …

A Chicken Little Story?

In Current News by Chuck

Remember all the crying foul by Tyson this spring on the price of corn? Tyson’s earnings have fared well this past quarter despite its repeated stirrings of the food versus fuel debate (pdf). The Financial Times also reports that Tyson managed to have a healthy profit this past quarter–$111 M. Tyson managed to rebound on last years losses by posting …