Posted on 10/12/2009 8:51:52 PM PDT by TigerLikesRooster
Christmas in October for Ethanol
Traders and analysts are paying attention to the ethanol industry's renewed life and has resulted in a boost to the corn market, according to the Wall Street Journal. Profit markets are wider to the delight of ethanol producers who have operated in the red in recent years. In fact just last week, advancing energy prices pushed ethanol margins up a dollar per bushel, almost doubled margins from the week before. Ethanol plants are procuring more corn in order to ramp up production in order to pay down their debt. The renewed and optimistic predictions for ethanol have come from expectations of the large corn crop, estimated at just over 13 billion bushels. Ethanol demand -- along with weakness in the U.S. dollar and worries that unseasonably cold, wet weather could impede harvest and yields -- is boosting corn prices, which rose more than 30 cents between Monday and Friday last week.
(Excerpt) Read more at dtnprogressivefarmer.com ...
Ping!
10% ethanol ate the fuel lines out of my 2 year old week wacker this summer. The lines all turned to mush and it will not hold a drop of gasoline.
Thank you very little, ethanol.....
So they can handle the demand when all these people are NOT driving to work and back every day.
Um, IIRC, 400 gallons of biofuel per year, per acre of corn. Is that still the ratio?
“Ethanol plants are procuring more corn in order to ramp up production in order to pay down their debt.”
I don’t understand this. Won’t that drive ethanol prices down during this economic climate via overproduction?
Lately I have not used my suburban much, so it sits for days unused. Because ethanol attracts water we are now having problems starting it......and when it runs it misses real bad.
My son-in-law is a mechanic. He said they see lots of problems caused by ethanol.
As soon as our house sells we are moving to the country. At least we can buy real gasoline there....no more ethanol.
Burning ethanol in vehicles is a stupid, asinine thing to do.
I saw the same problem on my SILs Weedeater, but I think it’s cheap Chinese polymers used in the tubing that are the real culprit.
The 15 yr old lines on my Mitsubishi powered K&S Trimall are working fine.
Two words:
Natural Gas.
But, refining for ethanol removes only the starch from the corn, leaving a high grade protein feed which is generally more readily digested by animals than was the whole corn to begin with.
I don't think you'll find a lot of science suggesting that Americans' diets are dangerously deficient in corn starch.
Corn is cheaper now than it was last year and, adjusted for inflation, is as cheap or cheaper than it has ever been.
Biofuel is crap. It’s not clean, it screws up our motors, it’s more expensive, it gets worse mpg, produces much less HP, and competes with the food we eat.
Other than that, I think it’s really neato.
(Unless, of course, you eat a lot of #2 yellow corn, in which case you would suffer terribly from acidosis).
Actually, you have no idea what I know, nor will you.
Goodnight. I hope your investment pays off.
All grades of gasoline in our little Texas town now have Ethanol and stickers are placed on the pumps to notify customers. Can’t find any nonethanol gas in town. I don’t believe that is morally right.
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