North Central US | Nidaho - 4/9/2026 00:33
Ethanol seems like just another government subsidy to me, but I admit I don't know tons about it, not much corn grown here. In the absence of all government market interference would it still be profitable to produce? Where would we be if it never came around? Everybody complains about the corn price so must not have helped much there in the end. Maybe more acres would have stayed in grass and cows. I farm and the endless programs for row crops are staggering, from subsidized insurance to bridge payments to sdrp, ethanol seems like more of the same.
Google "Renewable Fuel Standard" you'll bring up a pile of websites that end in .gov. They appear to do a decent job of explaining it. Long story short it was born out of a depressed farm market and uncertain energy markets. It mandates a certain amount of Renewable Fuel to be used each year and also caps how much can be sold.
A week or so ago I made a post here, "e15 theory" or something, look for IN555 in the title, where I made a chart with major points on total corn acres and average corn price received in Iowa. May be of some interest to you.
Edited by GS2 4/9/2026 07:19
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Educate me on ethanol
