ethanol

Dr. Steve Meyer - How Will Ethanol and Corn Interact?

 

Dr. Steve Meyer, Paragon Economics, provides an in-depth pork industry economic update, from the Swine Forecast 2011 webinar, December 1, 2010.

 

Key factors for 2011: Ethanol and biofuels policy; Grains and costs of production; Policy decisions; Macro-economic situation – esp. $US; Last month’s elections

Issues With Corn As Food Vs Fuel In 2011?


Corn production and demand are coming together to increase corn prices. This is great for corn growers but not great for those that depend on corn for animal feed. Adding ethanol into the mix again put corn in the middle of the food versus fuel debate.

Ethanol is consuming corn at a rate that is only 10 percent less than that of livestock and poultry demand. And more than one bushel of corn out of three produced in the US will be converted to ethanol in the current marketing year. That is going to cause concern about the amount of corn we will produce and whether it will be enough to meet demand with minimal rationing. And that causes concern for the traders.

Dr. Robert Wisner, University Professor Emeritus at Iowa State University, states "Corn supplies will be tight and some rationing of demand likely will be needed in the year ahead." This is not a great situation for those in animal agriculture without hedges and other risk mitigation actions in play.

DairyCast 0168 for June 17 2008

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  • What should the US policy be for ethanol and energy production? Matt Roberts, the Ohio State University, shares an economist perspective
  • Don Lay, USDA, highlight the latest research on cattle welfare that the USDA is working on for you.
  • The cwt program is offering a herd retirement opportunity unlike any before and the program will likely

DairyCast 0165 for June 6 2008

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  • Matt Roberts, Ohio State University, shares the highlights of his recent presentation on the economics of ethanol and exports
  • Conservation Reserve Program (CRP) acreage has been released for one-time haying or grazing. But there are some details that you should be aware of as we

DairyCast 0160 for May 20 2008

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Download mp3DairyCast 0160 Show Notes:

  • Special "Food AND Fuel" USDA conference with Secretary of Agriculture Ed Schafer lays out the economics on why they aren't mutually exclusive.  Link to video and transcript.

DairyCast 0121 for December 18 2007

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  • Jorge Estrada, Leadership Coaching Intl, shares his insights into the current state of immigration reform and what that could mean for you
  • New research at Kansas State indicates that levels of E.coli 0157H7 could be elevated in cattle feed distillers grains and ethanol byproducts 

DairyCast 0120 for December 14 2007

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  • Eric Atkinson visits with Kevin Herbel, Kansas Farm Management Association to offer some year end financial advice
  • Will the Farm Bill contain revisions on who pays the dairy checkoff?
  • Sara Muirhead, Feedstuffs, provides insights and outlooks

DairyCast 0117 for December 4 2007

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  • With the Ethanol revolution in full swing, what has become of cellulosic ethanol?
  • How much influence do consumers have on retailers and what will their stance be on modified atmosphere packaging? 

DairyCast 0108 for November 2 2007

Download mp3DairyCast 0108 Show Notes:

  • Tom Elam, FarmEcon.com President, shares an economic perspective on fuel ethanol subsidies
  • How to manage generation gaps with employees by Don Tyler 
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