How Farmers are Benefiting from Ethanol
The Agriculture Marketing Resource Center researchers say ethanol has benefited corn farmers since the start of the ethanol industry. Ethanol brings another avenue for farmer to market their corn, particularly when corn prices are lower. Don Holfsrand with the center calls ethanol a hedge against low corn prices.
Cut #1 :50 OC:..low corn prices
So with the current prices, could the industry grow.
Cut #2 :34 OC:..the blend wall
He adds there’s only so much ethanol the U.S. can blend and gas consumption has been dropping.
Cut #3 :33 OC:…ethanol can be used.
That’s Don Holfstrand with the Agriculture Marketing Research Center. For more information, visit www.agmrc.org.