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Originally Posted by Biodiesel300TD
Another thing to think about is the fact that ethanol and biodiesel crops are crops that can be used as food. So if the profit margine for selling the crops to fuel producers is higher than the food producers farmers are going to sell their crops to the fuel folks, thus cutting into food production. This could cause a big problem.
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I do agree but on a different level, I foresee farmers looking at their land as an oil well instead of a corn field. OTOH, the BLM, CRP and other subsidised grounds can be put to work most estimate say that we utilize only 22% of the active farm potential and that does not include all of the non active fields that could be used. Again with market forces there will be a better yield of corn, soy and rapeseed because of the profit incentive. A nationwide drought without could be a disaster as well.