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Ethanol "Reforms" |
rffrydr Moderator


Joined: 30 Oct 2005 Posts: 16932 Location: Sunny California
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Posted: Fri Oct 27, 2006 8:22 pm Post subject: Ethanol "Reforms" |
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| Talk is there's about to be a significant shift in USDA’s approach to ag subsidies and corn production. In a nutshell, several USDA officials are hinting at a major shift in ag policy to be announced this January that will deal with concern in the livestock industry about how burgeoning ethanol demand could leave some livestock operations unable to source grain. Indications are that USDA will enact policies to substantially increase U.S. corn planting, beginning in 2007 and then expanding dramatically over the coming decade. While this will presumably be a several point plan, the crux will center around a ratcheting back in CRP acreage, and a corresponding shift into grain and oilseeds crops. |
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rffrydr Moderator


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