date:Aug 10, 2012
es, he said. Shame on us for having mandated so much to corn ethanol without creating contingencies for a bad crop year.
Mr. Meyers noted that this years corn crop wont be an outright catastrophe for farmers because 85% of them have crop insurance, which should provide them enough money to stay in business but not necessarily be profitable this year. Livestock producers, he noted, are not so lucky and will be hurt the worst.
Mr. Lapp pointed out that users of corn in any form have wide variabili