The new energy crisis: food, feed, or fuel? Will ethanol displace gasoline or simply take food off our plates and feed from our animals? How can new technologies help?
Published:June 25, 2007
Summary
Can anything be more exciting, or more challenging, in our industry today than the competition for grains? Should food, feed, or fuel get first priority? In a global feed industry of some 700 million tons of manufactured feed, where often 55% of the total cost is energy ingredients, any minor change in grain prices has a major impact on cost. A bushel of corn (~25 kilos) was available at US$2 in ...