AFAIK Lloyd can only process wheat, not corn.
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Ethanol Good - Ethanol Bad?
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Lots going on here in UK on the energy crop front. High oil and gas prices, end in sight for UK gas frm North sea, and Kyoto are the drivers.
Mixed results so far but blends seem to be winning in both oil and combustion
Coal aparently burns more efficiently with some natural partners and mixed mineral and biofuels seem to improve emissions.
Personnally I like the option of growing crops which can serve both markets food and fuel.
Some guys here have already been stung when a dedicated crop is grown and then no market when the buyer renages or fails to build the processing facility.
I cant understand why your CWB is not involved in promoting and encouraging wheat for energy and all the other value added processes which could be carried out in Canada.
This is what our HGCA does for us!
CWB is not only doing a poor job for farmers but the whole of Canada if it sells wheat below its energy value.
Exporting a national asset at half its value. Got any oil for sale at $30 a barrel?
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RE: Economics of ethanol
ADM shares fell last week on news that North American ethanol production capacity was in excess of estimated demand.
South America (Argentina and Brazil) produce ethanol because it has had a hydrocarbon deficiency like the US. Canada does not have this.
Biodiesel has not been pulled into any market place in the world by demand. Government support in an effort to meet policy goals has moved it forward.
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