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27. Consumers feel pinch of high corn prices But the booming ethanol industry is expected to gobble up 50 percent more corn this year to feed hungry ethanol plants, competing with the food sector. Bruce Babcock, professor of economics and director of the Center for Agricultural and Rural Development, thinks meat will increase 2 percent to 7 percent, with beef at the lower end of the spectrum since cattle can graze and eat dried distillers' grains --- a byproduct of ethanol production --- and pork on the top end. The intent is to keep...
Source • Waterloo Cedar Falls Courier,IA •
28. Wet and cold, what does it mean for corn Another implication that must be watched is if there is a need for 90-day corn for replanting in the Midwest later this year, supplies could be really tight. Ask any producer; replanted corn rarely does as well as corn planted around the normal planting date. Granted, a better hybrid corn seed will be planted this year, but this all means we will have to have a picture perfect summer growing season or the U. I believe it will be extremely difficult to buy acres now that nitrogen is above...
Source • AgWeb •
29. Was E-85 The Way To Go? The Hidden Costs We all drive more eco friendly cars and the world is a better place, right? We all know the E85 cars get slightly fewer miles per gallons than their 100% fossil fuel counterparts do, but the fuel cost less and you can chalk it up to a wash in savings, so no real argument there. We all drive more eco friendly cars and the world is a better place, right? We all know the E85 cars get slightly fewer miles per gallons than their 100% fossil fuel counterparts do, but the fuel cost less and you...
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30. China Medicine's ADTZ Product Highlighted at the Recent American ... Aflatoxin contaminated corn can not be used for food and feed purposes, but can be used for ethanol production. However, aflatoxins could also be detrimental in fermentation and their potential hazard to health and to the environment when ethanol is used, as fuel is unclear. Future research may indicate it is necessary to remove or reduce aflatoxin levels in corn for use in ethanol production. Yu mentioned that the gene encoding for ADTZ enzyme can be engineered into fermentation organism...
Source • PR Newswire (press release),NY •
31. WEEKLY MARKET REVIEW SOYBEANS: The market found support overnight from overflow buying from wheat and corn, as a wet and cool outlook for corn planting progress and potential damage to the winter wheat crop over the weekend helped support solid gains. Weekly export sales reached a marketing year low last week, with China buying just 20,600 tonnes and a cancellation of 214,000 tonnes from an unknown destination. If the trade views the weather as bad enough to delay corn plantings until it is too late to plant,...
Source • Free Market News Network,FL •
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