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sw ontario | No arguing about ethanol mandate (or cap) being good or bad but just an "if" question if the powers that be had let the free market work where would we be today. Maybe marginal corn acres would not exist ,maybe 20-30 mil. less corn acres putting less demands on fertilizer,seed,machinery and land and not having the rest of the world expand as competitors . Now for guys with a large land base prior to '07 they have done unbelievably well , the guys just starting to roll are getting caught up in escalating rents ,expensive machinery-crop inputs and will struggle if $4 corn becomes the new norm. Just thinking with profits in ethanol it would have expanded with out gov't intervention and short crops world wide would still have given good prices,maybe not $8 corn but maybe $6 with more actual profits , farms may have stayed with livestock and maybe guys would still like there neighbors. We will have too look back in 5 yrs. to see were the whole farming business has ended at. | |
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Ethanols long term consequences ?
