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Drought, not ethanol, hiked price of corn

Published: Wednesday, Nov. 20, 2013 1:15 a.m. CDT

Sauk Valley Media’s Nov. 12 and 13 papers each had articles stating the bad effects of ethanol from corn.

The major gist of the articles was that the price of corn was high the last couple of years because of the demand for corn for ethanol production. This is not true. The price was up because of the drought. 

Just as much corn is being used for ethanol as was used a year ago, but the price is $3 a bushel lower.

Also, it was stated that more carbon was released into the atmosphere because of plowing of new land. The alternative is pumping oil from the ground, shipping it halfway around the world, and burning it.

Ethanol has a much smaller carbon footprint than petroleum, plus it lowers the cost of a gallon of gas significantly.

 

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