Ron
Another major problem with corn based ethanol is the fertilizer required to grow corn. I believe that corn requires much more fertilizer than many other crops. At least part of the fertilizer is
oil derived and of course there is the run off problems when it rains.
Corn prices have stabilized around $5 per bushel but with all of the corn now being planted, wheat prices literally gone through the roof. As a matter of fact, almost all grain prices are way up.
Wayne