Ethanol Use Up, Agriculture Could Sufferadmin
Government agencies are urging consumers to fuel their cars with ethanol, which eventually could have a negative impact on the agriculture industry.
Michigan uses one-third of its corn crop each year to create ethonol.
The agriculture industry is breaking even on corn prices for the first time in years.
But with six or seven more Michigan ethonal plants in the works, corn could become scarce…
Because corn is generally used to feed livestock, there could be a rise in the price of meat, milk, and eggs in the next few years as a result.
Agricultural specialists say it’ll be important to look at the big picture and monitor the use of corn for feed and fuel.