Farmers to Senators: Change Ethanol Policy

8/18/2008 1:16:02 PM
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OMAHA, NE – Today, a diverse group of people affected by current ethanol policies spoke out against food-to-fuel mandates and subsidies following a hearing by the US Senate Committee on Agriculture, Nutrition and Forestry.  Bill Bevans, a Nebraska turkey grower, Michael Kelsey, a Nebraska cattleman, and Bill Lapp, an agricultural economist from Omaha were among the dozens who traveled to the Strauss Center at the University of Nebraska, Omaha to let their voices be heard.

“Senator Nelson held this hearing to show his support for farmers, but we’re farmers too,” said Bill Bevans, a turkey farmer from Waverly. “We are being hurt by the policies he is promoting. I’ve been in this industry for a long time, and current ethanol policies are as detrimental to our livelihoods as anything I’ve ever seen.”

Livestock and poultry farmers argue that the rise in corn and other commodity prices is due in large part to the Renewable Fuel Standard (RFS) – which mandates blending ethanol into the national fuel supply – as well as tax credits and tariffs on imported ethanol. Corn prices have more than doubled in the last year, causing widespread economic hardship for producers who rely on corn and other grains for feed.

“Commodities by their nature are volatile, but until recently, the main driver of volatility has been weather and spikes in grain prices were short-lived and rarely passed on to consumers,” said Bill Lapp, principal of Advanced Economic Solutions in Omaha.

“What we have seen in the past year has been an artificial market force, ethanol policies, driving a sustained increase in the price of grains. These price increases are now being absorbed by consumers as demonstrated by the steady upward trend of food price inflation.”

Opponents of ethanol mandates and subsidies emphasize the fact that these policies affect more than just the price of corn. Corn is a primary source of feed for livestock and poultry that produce meat, eggs and dairy. These products, and others including bakery goods, are all affected by the commodity spikes caused by food-to-fuel policies.

“In Nebraska, eggs contribute $95 million to the state economy,” said John Toney, Vice President of Henningsen Foods in Omaha.

“When our operating costs double over the course of the year, our industry suffers, and the Nebraska economy suffers with us. Of course, anyone who’s been to the grocery store lately and looked at the price of a carton of eggs realizes consumers are suffering as well.”

Today’s hearing featured several representatives of the grain and ethanol industries. They argued that the rising cost of food could be attributed to high energy costs and other variables. The livestock and poultry farmers in attendance disagreed.

“Certainly the rising cost of energy and increased demand are playing a role in higher food prices,” said Michael Kelsey, a Nebraska cattleman.

“However, feed alone makes up 70 percent of a cattleman's operating costs.  When corn feed prices increase as they have, so does the cost of running our businesses.  This means that our products must sell for more, which means higher beef prices for consumers.”

 

Comments

1

Jeff Baker 08/19/2008 11:41

Corn ethanol critics routinely omit this fact: Less than half of the corn kernel is used to make ethanol, only the starch. The other half is made into distillers grain, which is fed to animals to produce food. Distillers grain, the byproduct of corn ethanol, improves the energy balance and increases food production. Though it is cheaper, it actually has a higher food value than whole corn as a feed product, because it contains about 10% fat and 90% protein, which are both superior to starch.


Grass is the natural food for dairy cows and beef cows, not whole corn. For pigs, with a natural diet of starchy root vegetables, rodents and insects, whole corn is not so bad. Poultry would eat whole corn in the wild, but the availability would be limited. They would also eat a variety of local seeds, worms and insects. Feeding whole corn to cows, pigs and poultry is not their natural diet, although it works.


It is better to supplement animals with high-protein distillers grains than whole corn. When dairy cows are given a 10% supplement of distillers grains, milk production increases by 10 lbs. per week per cow, and livestock generally put on 10% more meat. This should be a credit to the ethanol industry. Also, it is possible to make distillers grains into high-protein foods for direct human consumption.


Corn ethanol is food and fuel and always has been. Merrill Lynch reports that ethanol blended into regular gasoline lowers the cost by 14 to 24 cents per gallon and reduces our trade deficit caused by importing foreign oilthe trade deficit we pay interest on, because we pay for imported oil and fuel with debt instruments which are added to the national debt. We pay no interest on domestic ethanol.


The benefits of ethanol and distillers grains offset the impact of higher food prices due to consuming 15% of the corn crop (by weight) in the form of starch. The recent roller coaster ride that crude oil went on had a much bigger impact on food prices than corn ethanol. Try shipping a ton of corn from Iowa to a tortilla factory in Arizona and see what happens to the price. When oil goes up, ALL food prices go up across the board, including corn. Corn had no impact on rice, and the price of rice doubled. Americans are consuming a huge amount of fuel to wage two wars. They also bombed Iraqi infrastructure and cut off half of Iraqi oil production. This, too, has cut into the oil supply, increased demand, and driven up the price of the fuels we consume. Speculative investors in oil and commodities futures are causing artificial demand, which also drives up the price of fuels and food. OPEC is restricting oil production, and Big Oil is manipulating the supply line of crude oil and refined fuels. The first half of this year, Big Oil exported 9% of American produced gasoline and diesel fuel, and then imported more expensive foreign fuels, which they sold to you.


Your wars, your investors, your cartels, and your 5 oil conglomerates are costing you extra money at the pump and at the grocery store. There's only 7 cents worth of corn in a box of corn flakes. Then why do you pay $3 for it? Because 75% of what you pay for at the supermarket is processing labor and overhead, shipping costs, and marketing labor and overhead. These are all in an inflationary spiral.


The complaints against corn ethanol are way overblown. The State of Louisiana, working with Renergie, is building a network of small, localized ethanol plants, based on sweet sorghum, that are expected to get a 5 to 1 return. Every year, a higher percentage of ethanol is coming from other feedstocks: sweet sorghum, organic waste, algae and biomass. This will have a big impact on our domestic fuel supply and also weigh-in on our National Security.


America is a nation plagued by over consumption. If you are overweight, consider this: You too are contributing to the higher demand for food and impacting the price. Everyone get down to your ideal weight. That will drop food prices faster than whining about corn ethanol.


2

Joe Lovshe 08/19/2008 03:48

The senators on this commitee are a joke. They have a vested interest in supporting this. The saying "Nero fiddles while Rome burns" can easily apply. I am ashamed of senator fools like these, but more ashamed of the fools that vote for them.

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