Agriculture

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USDA Releases Corn Production Forecast

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mus302 on

From: www.americanfuels.info

The USDA is forecasting this years corn crop to be the second largest on record, down just 6% from last years record sized crop. Corn production is forecast at 12.3 billion bushels, down 6 percent from last year but 17 percent above 2006. Based on conditions as of August 1, yields are expected to average 155.0 bushels per acre, up 3.9 bushels from last year. If realized, this yield would be the second highest on record, behind 2004. Production would be the second highest on record, behind last year when producers harvested the most acres of corn for grain since 1933. This years soybean ... Read Full Story

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Grocery Manufacturers Association: Trust Us On Ethanol Facts

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mus302 on

From: www.americanfuels.info

I have been on the Grocery Manufacturers Association (GMA) website hunting a quote I saw sometime back and happened across a document titled ' Food to Fuel Fact Sheet '. While glancing through it I noticed this section. Food-to-fuel policies have little impact on gasoline prices. Because ethanol displaces a small fraction of the US gasoline supply and a tiny fraction of global crude supplies, changes to food-to-fuel mandates and subsidies would have little or no impact on gasoline prices. Overall, ethanol production in 2007 displaced less than 4 percent of the nation’s gasoline supplies in 2007, when relative energy values are considered. In ... Read Full Story

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Big Food's Big Dividends

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foodandfuelamerica on

From: www.foodandfuelamerica.com

Big Lies are paying off for the Big Food companies. Last year Big Food companies like Kraft Foods launched an all-out attack against biofuels. Through the Grocery Manufactures Association, the food industry leaders hired well-placed DC lobbyists and public relations firms to spew falsely that corn for ethanol was the major factor in food price increases. And the major media just ate it all up: It must be ethanol that causes higher food prices. We of course know the truth---corn for ethanol represents just a small part of most consumer food costs. Energy, packaging, marketing, transportation, labor and profits represent the major price components ... Read Full Story

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It's Time for Farmers to Take Back 'Sustainable'

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foodandfuelamerica on

From: www.foodandfuelamerica.com

Ethanol critics continue to look for ways to confuse policymakers and the public in their continuing campaign of disinformation. Over the years they've tried many tricks: saying it couldn't be done, saying it was too expensive and saying it raised food prices. Now their trick is to say that modern farming practices aren't "sustainable". But the facts always prove them wrong. We saw this wonderful essay this week and thought it would add more thoughtful points to the food vs fuel discussion. Reprinted by permission by the California Farm Bureau Federation. It's time for farmers to take back "sustainable" By Troy Hadrick It's hard ... Read Full Story

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Milk Prices Tumble But Consumers Don't Get Benefit

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foodandfuelamerica on

From: www.foodandfuelamerica.com

An interesting story that finally getting some press coverage is that recent low milk prices haven't shown full benefits to consumers. The Milwaukee-Wisconsin Journal Sentinal reported yesterday about the collapse of milk prices and the slaughter of herds and dumping of milk: But nine months after prices began tumbling on the farm, consumers aren't seeing the full benefits. The average price for a gallon of milk at grocery stores nationwide last month was down just 19% from its peak of $3.83 in July. Farmers, on the other hand, got $1.04 a gallon in April - 35% less than they were paid last fall. So ... Read Full Story

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