EXACTLY, and because there are so many ethanol plants going on line there is a glut of it and the cost in many areas has dropped to $60 ton. The whole thing balances out. Corn way up ... DGs way down. DGs are so concentrated with proteins, vitamins an minerals it must be mixed with normal rations and increases the productivity of beef cattle as much as ten percent. All this BS about cost of food going up because of ethanol production is just that... so much BS.
The cost of sheet rock is up and nobody complaines that is ruining the building industry. Has anyone seen the price of kitchen cabinets lately? Where are the cries for the poor builder and home buyer who must live in a modest 3,000 sq ft house? /sarcasm and rant off
EXACTLY, and because there are so many ethanol plants going on line there is a glut of it and the cost in many areas has dropped to $60 ton. The whole thing balances out. Corn way up ... DGs way down. DGs are so concentrated with proteins, vitamins an minerals it must be mixed with normal rations and increases the productivity of beef cattle as much as ten percent. All this BS about cost of food going up because of ethanol production is just that... so much BS.
You're rigth. With additional corn production due to the higher prices, the actual cost for feed should eventually drop. It's the changeover period that will be rough.