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re: Comments needed on E15 (fuel containing up to 15% ethanol). Do work, OB.
Posted on 7/1/16 at 1:30 pm to 34venture
Posted on 7/1/16 at 1:30 pm to 34venture
quote:
Yeah at $3.60 a bushel they are making money hand over fist.
If they weren't making good money off it, then they wouldn't be so eager to grow corn to sell for ethenol.
2
Posted on 7/1/16 at 5:46 pm to Scrowe
I wrote a pretty sweet paper on this issue while I was in college.
Basically did a bunch of work to prove that corn based ethanol fuel supplementing was stupid.
Professor said it was the best undergrad paper he had ever read
Basically did a bunch of work to prove that corn based ethanol fuel supplementing was stupid.
Professor said it was the best undergrad paper he had ever read
Posted on 7/1/16 at 9:13 pm to Scrowe
quote:
If they weren't making good money off it, then they wouldn't be so eager to grow corn to sell for ethenol.
Farmers grow corn to sell to grain elevators. It then can go to many places from there. They have little to no control where it goes, unless they sell directly to a chicken house. Ethanol has done very little to prop up the corn price for growers. Subsidies go to ethanol plants, which doesn't help a farmer, unless he is part owner I guess.
Ethanol is a no win for most everyone involved, except the plant owner I guess. Most farmers don't like it and couldn't care less if ethanol was not around.
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