As seen on Tex cattle Facebook page
R U Frigin Kiddin Me?
ArugsLeader: Corn for ethanol to top its use for feed this year
In its July report estimating agricultural supplies and demand, the U.S. Department of Agriculture suggests for the first time ever this year corn used for ethanol production in the U.S. will exceed corn for feed, 5.05 billion bushels to 5 billion bushels.
This doesn't indicate a battle between fuel and food as much as it shows a more sophisticated means of processing corn and adding value has developed with the growth of the renewable fuels industry, say representatives of the South Dakota Corn Growers Association and American Coalition for Ethanol.
