Posted by Dave from MN on April 25, 2008 at 17:04:44 from (74.60.86.134):
"I cant see fuel going down untill Ethanol goes away, the war ends, or Rosie Odonnel goes straight." Ok, The war on terrorism is gonna go on for a long time, I believe, Iraq is gonna be going on for a long time as well,( I am assuming), Do you really think Rosie will ever go straight????NOT, and Ethanol isnt going to go away. Gas isnt gonna go down for quite some time, that was basically my statement.
I wasnt trying to sound smart or throwing out "idiot statment". I know the Ethanol push is good for the crop farmers, Heck I am one of them now and have many friends that are as well. I dont know what I think of the subsidy/ethanol issue because I dont know enough about it. I DO KNOW, that the need for corn to make ethanol is really hurting the meat producers. $6 corn is great for the crop farmer, but what is is doing to the livestock farmer? His beef was worth $.88-$92 pound for a finished steer on $2.50 corn, now that steer is still only bring $.88-$.93, but the feed has doubled in cost if he is buying it. There is some inbalance here. All you corn growers out there, if your friend came up the road and said he cant make raising his steers buying $6 corn, hes gonna lose his shirt, would you sell him corn for less than the ethanol plant is paying, and you have less net profit, but the neighbor isnt going broke?? Honest question.
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