The Riverstone plant?

[blackjack]

...with the oil companies owning most of the tech now in ethanol developement...it must be time...

[Horse]

Cowman shame shame on you it is outrageous for the fert companys to charge all they can but not the oil companys and service industrys and consultants ect ect.

[cowman]

Horse: Well you got me there! But really, gasoline prices basically follow the world price of crude oil? I know the companies do the old gouge every now and then, but maybe not so blatant as this fertilizer deal this year?
In the summer of 2006 natural gas prices were very low, around that $5 mmbtu range? This is the price the fertilizer companies bought at! Every fertilizer dealer worth his salt had his supply bought up by Oct 2006!
I would suggest the fertilizer business will be VERY profitable this year!
But you are right...what is good for the oil companies...should be fair for any other business! You caught me there!

[cowdog]

I suggest that anyone who cares to learn about the folly of producing ethanol from grain read the December issue of Scientific American, it is not even energy neutral according to several studies. It exists only because of government legislation. It is beening developed here only because of the close proximity to large quantities of natural gas needed to produce ethanol. The Alberta government may have even gave them a deal like they gave the oilsands; royalty free.
The people and corporations developing this plant are the some of the same people behind the push to destroy the CWB. If you don't see the connection let me spell it out to you. Currently Canadian wheat competes on the world stage, this and other plants being biult are expected to take up to 50% of the total wheat produced in Canada, this quanity would mean that they would have to compete for 3, 2 and even #1 wheat with the CWB customers at a world price. This would make these plants uneconomical even subsidised as they are; so why not eliminate the compatition.
Now a plant that could produce ethanol from straw or other grasses I would welcome.

[cowman]

Cowdog: well I think that is in the works! But you have to start somewhere? The federal government is legislating a blend? Whether it makes sense or not...we have to meet that target? Now we can play the game and get some benifit out of it for the average farmer...or we can buy it from the USA? One way or the other...there is no other option unless you change government policy?

[grassfarmer]

"Now we can play the game and get some benifit out of it for the average farmer.." Who is we Cowman? - you and your friends the Carlyle Group? Explain to me again how this will produce any greater net benefit to the average farmer than producing grain for current markets does.

[FarmRanger]

Hate to tell you this cowdog, but here in southern Alberta feed wheat is worth more than #1 going to the CWB already.

[cowman]

grassfarmer: I think we are already seeing some of the benifit with ethanol production from corn? A good deal of corn is being taken out of the food market and going into ethanol production?
Barley is a pretty good price...the best price in several years...I would suggest that price can probably be attributed to the healthy corn price?
Barley and wheat prices have been dismal for several years now? Feedlots and hog barns prospered on dirt cheap grain. I really don't think the supply has lessened...but demand has(or maybe the so called future demand)?
The Canadian public has started to move towards being more "green" and the government has responded to that movement? There will now be a legislated blend of fuel, whether we like it or not! One way or the other someone will be supplying that blend...might as well be the Canadian farmer? It seems the public doesn't want our food, but have no problem paying for our fuel? If they decide they will pay more for food, than fuel...then that is a good thing?

[cowdog]

farm ranger where can I get more than $5.69 for my feedwheat plus $10.00/eonne trucking????????
Quote january 15th feedwheat --- Winnipeg --- $175.00 minus basis and shipping

[FarmRanger]

That's the PRO for #1 11.5 protien wheat in-store Vancouver and is about 209/tonne. Lower protien would be less than that, I would assume. The deductions back to Alberta will be around $46.

Take the 46 per tonne off the 209 and you get 165. If you live near a feedlot which doesn't take any more than 1% dockage, and pays you as soon as you haul, that 175 looks a little better than the 165 you might get from the board in a year. No?