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Corn production is expected to go up 34 percent to 2.15 billion bushels, thanks to an increase in interest in ethanol, a fuel based on the plant. The bad news is that as demand has gone up, so has the crop's price, from $2.25-$2.65 a bushel, up from $1.95 to $2.05 last year. The amount of corn feeding the ethanol craze is 20 percent, up from just 5 percent a few years ago. Likewise, the demand for soybeans has gone up as well, thanks to an increased interest in soybean-based diesel.

[Source: BusinessWeek]



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  • 42 Comments
      Jim Pettit
      • 9 Years Ago
      I think you all better start using your brains for just one second. This is not just about the farmer, subsidies, the cost of this or that, MPG, or any of this other ancillary crap. This is the salvation of the United States, our jobs, our grandchildren's jobs. Just look at the real potential. If we get to every vehicle using Eathanol 85, then all that oil money going outside the US stays here, not going to some Arab or South American nation that hates our guts. Next, solar panels on houses in the southern half of the country, providing electricity virtually free for the rest of your lives. People stop being little spoiled brats with a one focus agenda. Start thinking about how we save everything we have in the United States for all of US not just SOME OF US.
      Ed
      • 9 Years Ago
      The one thing man people don't know is that corn is not the only product that can be used in making ethanol. You can also use any carbon based product which includes coke (remnents from oil fields), remnents from coal mines, cow manure, wood and many other products. The best thing we can do is encourage the production and usage of this type ethanol so that we are not dependent on the "foreign oil".
      cassandra
      • 9 Years Ago
      I just want to know why america did'nt consider these
      options way before now, because if we had we would not have outrageous gas prices now which makes life so difficult for your average family to keep up with.
      jkennedy312
      • 9 Years Ago
      The push for corn for ethanol will be a godsend for Montsanto's genetically modified corn which they keep trying to put on our tables!
      supertim996
      • 9 Years Ago
      Check out the story on msnbc.com, look under the dateline section for consumer alert.the story is "A Simple Solution To Pain At The Pump" the story aired May 7,2006. I encourage all to read.
      Robert Huffman
      • 9 Years Ago
      Is there anyone out there that can tell what is required to change your current vehicle over to ethanol? I have heard just fuel enjectors and maybe an aluminum gas tank.
      Thank YOu
      Patriot53
      • 9 Years Ago
      if RacerJay had bothered to check his facts he would find out that E85 is cheaper at the pumps to use and has a much higher octane rating than regular UNLEADED hardly what you would call inefficient
      • 9 Years Ago
      right now it takes more energy to make the ethanol from corn than it produces. The Brazilians have been making ethanol for years from sugarcane, because its easier and more efficient. We can grow that just as easily here, and in Hawaii ANd Louisiana they have been closing sugarcane farms for years because of the cheap sugar from overseas. I guess they sugarcane people arent in someones pocket in washinton like the corn people are.
      • 9 Years Ago
      I realize I preparing to compare an apple to an orange, but I ran Methanol in a drag car and my fuel cost was 1.35 a gallon compared to over 4.00 per gallon for 104 race fuel.
      Point
      1-it took almost twice as much methanol to burn correctly but at less than half price, so what.
      2-The car made conciderably more horsepower and torque, approx. 30 to 40 horsepower with no other changes. It would pick up the front wheels at 1 to 2 shiftdue to increased torque and ran cooler.
      I know we make corn in this country, and could reduce our foreign dependence by maybe 10 to 20% in the near future and that can't be bad, don't make this a Ford vs. Chevy battle, its a oil vs. alternative fuel battle and the oil companies will be resistant until they get on board.
      BOB
      • 9 Years Ago
      IT'S A SMOKE SCREEN .TO GET YOU THINKING THEY ARE DOING SOMETHING ABOUT THE HIGH GAS PRICES.AS LONG AS BUSH IS PRESIDENT THE OIL COMPANIES CAN DO WHAT THEY WANT WHEN THEY WANT AND HOW THEY WANT. AND THERE IS NOTHING ANY OF US ARE GOING TO BE ABLE TO DO ABOUT IT .GEE LAST WEEK THEY WERE GOING TO GIVE US REBATES AND HAVE HEARINGS AND FIX THIS PROBLEM THIS WEEK IT'S NOT EVEN FRONT PAGE NEWS.WANT CHEAPER GAS USE YOUR VOTE TO FIX THE PROBLEM PAY ATTENTION TO WHO YOU VOTE FOR .BET ALL YOU DUMMIES WHO VOTED FOR BUSH ARE PRETTY SORRY NOW
      Kent Piatt
      • 9 Years Ago
      If we all boycotted one big oil company (exxon/mobil) for one week we would see gas prices drop in a matter of days. Supply and demand. Ethanol is a great idea it's time will come. Walk a little more drive a little less. Why is gas cheaper in nebraska than Detroit? Almost 70 cents a gallon cheaper? The government needs to figure out how to stop us from getting raped from the big 3 with their ideas and the big oil companies, with their big profits..
      • 9 Years Ago
      To all the people saying corn is bad, we should use soybean/sugarcane/ground-up-baby ethanol, it matters not right now. Fact: the US is really good at growing corn, and the government has to pay to keep prices high. If there is more demand for corn based ethanol, we can get rid of government subsidies for corn farmers, while keeping corn prices the same. We pay the same amount of money for the corn, but pay less in taxes (in reality, we'll probably just build another bride to nowhere, but that's another discussion entirely).

      As demand for ethanol gets higher, more sources of ethanol will come online. Corn may end up not producing the majority of our ethanol, but if we are really good at growing corn, and not so good at growing sugar cane, maybe we should stick with what we're good at first.

      And to those that say "But you get less MPG!" That is true, but if we can move to a point where E85 is widely available, we can design cars with higher compression engines, to take advantage of E85's higher octane rating, and therefore increase mileage (and hp, where most technological gains go nowadays). In the long run, its nothing but good things.
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