Livestock farmers say ethanol eats too much corn. Every year American taxpayers pay billions in tax credits to hugely profitable oil companies, NOT THE FARMERS.
About 5.9 billion bushels of corn were used for animal feed last year; 2.4 billion were exported; and about 4.9 billion were used for ethanol...Our greatest concern with corn/grains used to amke ethanol are the ethanol manufacturing plants that are increasing pollution (see news headlines below).
If you are anti-ethanol, attacking the farming industry is wrong - Better to vent your anger towards those who really corrupted the ethanol industry, which includes pro-ethanol groups (ACE, RFA, EPA), federal state legislators and lobbyists and the oil industry.
Energy is a $ 1 trillion dollar industry representing 8 % of the U.S. Econony.
(Source: Whitehouse.Gov Economic Report of the President, Chapter 6, pg. 125). View here: http://www.whitehouse.gov/cea/ch6-erp07.pdf
The rapid increase in E10 ethanol-blend fuel use, mandated by the U.S. government, should have created a financial BOOM to the farming industry, because ethyl alcohol is made from corn, grains and other farm grown natural products.
--- The truth is oil companies have profited the most from ethanol through government funded tax credits and other counter-productive measures to promote ethanol. - - -
Increase in E10 distribution has been very profitable to other major industries, too - Including mechanic/repair stations, engine manufacturers and more. (Ethanol causes increased wear on engine parts and mechanical problems due to the damaging effects alcohol has on motor parts).
The farming industry has barely been able to keep up with the increased need for corn/grains used to produce ethanol, which has been reflected in the current increased cost of these consumable grains, due to a sudden change in supply and demand.
In recent years, the cost of ethanol far exceeded the price of petroleum and pure gasoline.
If you are not familiar with the literally hundreds of Federal and State subsidies and incentives for ethanol check out The Dept. of Energy's summary:
Federal Incentives and Laws for Ethanol: LINK: http://www.afdc.energy.gov/afdc/laws/laws/US/tech/3252
Search State Incentives and Laws here: LINK http://www.afdc.energy.gov/afdc/laws/state
or here (interactive map): LINK: http://www.afdc.energy.gov/afdc/laws/search
Since 2005, American taxpayers have paid more than $23 billion in tax credits to hugely profitable oil companies to blend corn ethanol with gasoline...
Source: Environmental Working Group, April 7th, 2011
LINK: http://www.ewg.org/agmag/wp-content/uploads/2011/04/Final-ethanol-infrastructure-report2.pdf
"Livestock farmers say ethanol eats too much corn"
Source: KansasCity.com November 23rd, 2011
Livestock farmers are demanding a change in the nation's ethanol policy, claiming current rules could lead to spikes in meat prices and even shortages at supermarkets if corn growers have a bad year.
About 5.9 billion bushels of corn were used for animal feed last year; 2.4 billion were exported; and about 4.9 billion were used for ethanol, up from about 630 million bushels in 2000, according to the National Corn Growers Association. About 1 billion bushels were eaten by humans in products such as cereal, sweeteners, and beverages.
Read more: http://www.kansascity.com/2011/11/23/3282013/livestock-farmers-say-ethanol.html#ixzz1fBQOkWks
If you are anti-ethanol, using food (corn) as fuel is the least of the problems...