Robert Young

Tough Week for Ethanol Stocks

From Mr. Barta`s comments, he either knows nothing about ethanol,agriculture,an... farm subsidies or he is a BIG OIL Liberal.No one ever talks about how much energy it takes to produce a gallon of gasoline!After a gallon of gas is produced,how much,high protein pet and livestock feed is left? That big fat farm bill,80%of the money goes to welfare(school lunches,WIC,etc...),th... last two years, grain prices have been to high, to receive L.D.P. payments. Now for the biggest LIE of all! Burning our food for fuel!!! 80% plus,of the corn grown in the U.S.A. is feed grade(not for humans). Lifeline Foods,St. Joe,Mo. has been making every kind of edible food product from corn for years,(never could pay a dividend!!!!)they have added an ethanol plant,behind the food process,to use the food by-product to make ethanol!!! Don`t try to blame ethanol for high dairy prices either,our dairy exports have jumped over 15%,while our dairy farmers have declined in numbers(most went broke,subsiding the american comsumer for years) The American Farmer does not set a price for his produce,the commidity buyers tell him what they will give.