|
|
Post by Glenn on Jul 11, 2012 9:22:41 GMT -6
Will put an end to the ethanol boondoogle sooner rather than later....
|
|
|
|
Post by dougthorson on Jul 11, 2012 15:24:26 GMT -6
ethanol is not a perfect product by any stretch but with one swoop of the pen the US Government lost control of its long standing "suppress the market and flood the supply line so food is always cheap" policy.
Corn will be high this year. Those who started feed efficiency measures like getting crossbred cows and selling F1 cross calves 3-5 years ago will benefit. Hereford steers should benefit although right now the choice-select spread is real high. The ones who thought "glad we got through that" last time the corn market got high are the ones who will really pay.
As breeders of the most efficient cattle in the world we need to take advantage of this and use it to our benefit.
As far as ethanol goes, it is here to stay and with the rate they are tearing up grassland out here there won't be enough ethanol used even at a 20% mandate in 10 years. Can't say I like it but I can say that is the way it is.
|
|
|
|
Post by Glenn on Jul 11, 2012 15:35:27 GMT -6
ethanol is not a perfect product by any stretch but with one swoop of the pen the US Government lost control of its long standing "suppress the market and flood the supply line so food is always cheap" policy. Corn will be high this year. Those who started feed efficiency measures like getting crossbred cows and selling F1 cross calves 3-5 years ago will benefit. Hereford steers should benefit although right now the choice-select spread is real high. The ones who thought "glad we got through that" last time the corn market got high are the ones who will really pay. As breeders of the most efficient cattle in the world we need to take advantage of this and use it to our benefit. As far as ethanol goes, it is here to stay and with the rate they are tearing up grassland out here there won't be enough ethanol used even at a 20% mandate in 10 years. Can't say I like it but I can say that is the way it is. Agree almost 100% Doug. I think that we will see a political end to the ethanol mandate maybe even by Obama. Makes me glad to be raising and selling efficient Hereford cattle. |
|
