Ethanol is not causing a rise in food prices. The AP reported yesterday that experts suggest oil prices and weather have far more to do with rising prices than farmers or ethanol.
1 bushel of corn produces 2.8 gallons of ethanol and 17.5 lbs of distillers grain which can be fed to livestock and aquaculture. Last year in the U.S. distillers grain replaced the need for 1 million bushels of corn for feed. In 2010, the U.S. exported 9 million metric tons of DDG's to feed livestock around the world.
JackFarms April 5, 2011
at 9:43am
Ethanol is not causing a rise in food prices. The AP reported yesterday that experts suggest oil prices and weather have far more to do with rising prices than farmers or ethanol.
1 bushel of corn produces 2.8 gallons of ethanol and 17.5 lbs of distillers grain which can be fed to livestock and aquaculture. Last year in the U.S. distillers grain replaced the need for 1 million bushels of corn for feed. In 2010, the U.S. exported 9 million metric tons of DDG's to feed livestock around the world.