Vader said
Isn't is simply a matter of how many million acres of crop land can be diverted from food production into energy crops?
I believe, as farmers, this the fact we need to focus on. Any biofuel subsidy anywhere in the world will use acres which will not produce food.
UK Canola prices are already being boosted by German Biofuel policy. Recent government change there and a rumor over biodiesel policy soon brought down price.
EU has announced 5% inclusion of biofuel in all transport fuel by 2010 This according to my info will make EU net importer if this requirement is met from within EU.
If we look at this situation surely it makes sense to produce these fuels in places which have high transport costs for grain to customers and already near oil pipelines for distribution.
I believe very soon the price of wheat will very closely follow energy prices and demand from food and energy will far exceeded what farmers can produce
Isn't is simply a matter of how many million acres of crop land can be diverted from food production into energy crops?
I believe, as farmers, this the fact we need to focus on. Any biofuel subsidy anywhere in the world will use acres which will not produce food.
UK Canola prices are already being boosted by German Biofuel policy. Recent government change there and a rumor over biodiesel policy soon brought down price.
EU has announced 5% inclusion of biofuel in all transport fuel by 2010 This according to my info will make EU net importer if this requirement is met from within EU.
If we look at this situation surely it makes sense to produce these fuels in places which have high transport costs for grain to customers and already near oil pipelines for distribution.
I believe very soon the price of wheat will very closely follow energy prices and demand from food and energy will far exceeded what farmers can produce
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