DYSPEPSIA GENERATION

We have seen the future, and it sucks.

The Real Cost of Ethanol

5th August 2014

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In Delaware, the poultry and petroleum industries have been hammered by the ethanol mandate.

Because corn and soybeans are more expensive thanks to the biofuels industry, the cost of livestock feed has gone up.

It creates “a very uneven playing field for chicken companies to compete for necessary feedstuffs,” said Tom Super, a spokesman for the National Chicken Council, the poultry industry trade group based in Washington, D.C.

The bottom line: over $44 billion nationally in higher actual chicken feed costs, Super said.

“Adding together the higher cumulative feed costs for chicken, turkey, table eggs and hogs, the total is almost $100 billion in additional feed costs,” he said. “Also higher feed costs for other agricultural animal producers, such as dairy and beef cattle, would add measurably to the $100 billion cost.”

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