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Pacific Ethanol, Inc. Message Board

  • mick.2126 mick.2126 Aug 12, 2012 11:47 AM Flag

    Finally the Truth, It's not all doom and gloom

    “I have to be honest with you, I’m totally stunned we have corn with green stalks and leaves after going through weeks of 105-degree temperature,” said Garry Niemeyer, the National Corn Growers Associated president who has 1,200 acres of corn and 800 acres of soybeans near Auburn, Ill. The U.S. Agriculture Department predicted the nation’s biggest harvest ever in the spring, when farmers planted 96.4 million acres of corn — the most since 1937. But it cut its estimate a month ago and again Friday, saying it now expects the nation to produce 10.8 billion bushels, the least since 2006.

    If that estimate holds, the federal government says it will be enough to meet the world’s needs and ensure there are no shortages.
    Farmers credit advances in seed technology that have produced hardier, more drought-tolerant corn for any harvest at all.Agriculture Secretary Tom Vilsack trumpeted the resilience of U.S. farmers and ranchers on Friday, saying he didn’t expect immediate increases in food prices and was optimistic the U.S. would continue meeting global demand for grain. The U.S. is the world’s top exporter of corn, soybeans and wheat.

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    • "America’s ethanol industry is also one of the largest suppliers of feed in the world."

      From Page 5--
      American farmers harvested a corn crop of 12.36 billion bushels in 2011,
      the fourth largest crop on record. During this time, gross demand for
      corn from ethanol production was 5.0 billion bushels, or 40% of the total
      supply. Importantly, ethanol producers supplied 39.4 million metric
      tons of livestock feed. When this feed production is factored back
      into the corn supply, the true measure of ethanol’s corn demand is 3.5
      billion bushels – 26% of the total supply. Importantly, a recent
      USDA report concluded that one metric ton of distillers grains
      displaced 1.2 metric tons of the traditional corn and soybean
      livestock feed ration.
      Globally, U.S. ethanol production represents just a sliver of
      total grain demand. Using the same calculations, U.S. ethanol
      production utilizes just 3.2% of all grain supplies worldwide.
      These facts indisputably refute the contention that ethanol
      production is utilizing unreasonable amounts of corn. Rather,
      without the demand for corn brought by ethanol production,
      it is unlikely farmers would be supplying record or
      near-record crops each and every year.

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