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John's World
Thursday, August 30, 2007
Raising the intellectual level...
Perhaps like some of us, you never really understood Einstein's Theory of Relativity. Afraid to admit it, weren't you? Well, good news, citizen. Here's an explanation in words of four letters or less. Say you woke up one day and your bed was gone. Your room, too. Gone. It's all gone. You wake up in an inky void. Not even a star. Okay, yes, it's a dumb idea, but just go with it. Now say you want to know if you move or not. Are you held fast in one spot? Or do you, say, list off to the left some? What I want to ask you is: Can you find out? Hell no. You can see that, sure. You don't need me to tell you. To move, you have to move to or away from ... well, from what? You'd have to say that you don't even get to use a word like "move" when you are the only body in that void. Sure. Okay. Now, let's add the bed back. Your bed is with you in the void. But not for long -- it goes away from you. You don't have any way to get it back, so you just let it go. But so now we have a body in the void with you. So does the bed move, or do you move? Or both? Well, you can see as well as I that it can go any way you like. Flip a coin. Who's to say? It's best to just say that you move away from the bed, and that the bed goes away from you. No one can say who's held fast and who isn't. [More]I'm glad we had this little talk. Next week: how they get the cream filling in Twinkies.
Where autumn is...
I have used the Windows XP-supplied screen saver "Autumn" on my laptop for a couple of years. Like others I was struck by the beauty and composition of the shot. ![]() Somebody tried to find out where it was photographed. A great story followed. [Re-post for Arlen]
The further adventures of Contextor...
Born on a strange planet in rural Illinois - the very edge of known space - this mysterious stranger wages a never ending battle to place misleading statistics in context. Today's Episode: Wind Farms and Homes One day, Contextor noticed whenever wind farms are mentioned, the most prominent number used to describe their size is "how many homes their electricity would power": Power firm E.ON said the development five miles (8km) off the Humber estuary would be capable of providing electricity to almost 200,000 homes. [More]and Wind power plants, or wind farms as they are sometimes called, are clusters of wind machines used to produce electricity. A wind farm usually has dozens of wind machines scattered over a large area. The world's largest wind farm, the Horse Hollow Wind Energy Center in Texas, has 421 wind turbines that generate enough electricity to power 230,000 homes per year. [More] "Gosh!" Contextor thought, trying to imagine what 230,000 houses would look like. That's mucho electricity. Isn't it? In 2005, wind machines in the United States generated a total of 17.8 billion kWh per year of electricity, enough to serve more than 1.6 million households. This is enough electricity to power a city the size of Chicago, but it is only a small fraction of the nation's total electricity production, about 0.4 percent. The amount of electricity generated from wind has been growing fast in recent years, tripling since 1998.Contextor was puzzled why the overall impact of wind energy was not more clearly spelled out. Doesn't it imply we can just windmill the US to plentiful cheap energy like the good old days of hydroelectric development? Contextor brooded and decided one reason could be the economics are struggling with the virtue of the idea. Wind energy just seems so wonderful it just has to work. Reasonable people can disagree on the merits of putting turbines on Nantucket Sound, as proposed by a private company. Though costs have come down to 4.5 cents per kilowatt hour from 6.1 per KWH in 1999, the technology is still not balancing out as cost-effective for some areas. Last week, Long Island scratched its plans to build a wind energy center in the Atlantic when costs were running up toward $800 million. Projects in windy Texas have also been scrapped over cost considerations.Contextor looked hard at the glowing press releases and the total energy statistics. "Hmm, wind energy looks like a good thing, but a very high-cost, low-yield good thing to Contextor" Stay tuned for our next semi-exciting episode wherein Contextor muses: "Why does Contextor refer to Contextor in the third person? Could Contextor have a Pronoun Problem?" Wednesday, August 29, 2007
Hey - I owned 5 of these cars!...
![]() The World's Ten Ugliest Cars. The infamous AMC Pacer above. What a chick magnet! Labels: fun
Make mine RW scotch...
While opponents of genetic modification uniformly warn of health and environmental consequences that must inevitably follow, that's not how things seem to turning out. We now have years of real-world consumption of GM products to point to as reassurance of the safety and efficacy. In fact, one form of genetic manipulation - radiation breeding - isn't all that far removed from cartoons by anti-nuclear protestors. Though poorly known, radiation breeding has produced thousands of useful mutants and a sizable fraction of the world’s crops, Dr. Lagoda said, including varieties of rice, wheat, barley, pears, peas, cotton, peppermint, sunflowers, peanuts, grapefruit, sesame, bananas, cassava and sorghum. The mutant wheat is used for bread and pasta and the mutant barley for beer and fine whiskey.While obviously competing with other forms of genetic manipulation, it is hardly surprising that "mutant breeders" would try to open an imaginary space between themselves and GM. But who's fooling whom? Lagoda who irradiates plants to produce mutants is being somewhat disingenuous when he says, "I’m not doing anything different from what nature does." True, mutations occur in nature all of the time, but it seems somewhat doubtful that plants out in a field experience anywhere near the number of uncharacterized mutations produced in a lab by gamma rays.Breeders have the right to try to position themselves however they want to gain some market advantage, but it looks to me like any market advantage will be slim and temporary. GM works, and we're getting better and better at it. Tuesday, August 28, 2007
We're not the only ones with a bumper crop...
Say what you will against the ol' Taliban in Afghanistan, but at least it kept the poppies mowed. Yesterday the U.N. announced that opium production in Afghanistan hit a record level this year. You may feel as if you've read this news before: Opium production in Afghanistan also hit a record level last year. This year 193,000 hectares of poppies were cultivated, up 17 percent from last year's 165,000. Thanks to favorable weather that led to high yields, opium production rose even more, from about 6,700 tons in 2006 to about 9,000 tons this year, an increase of 34 percent. The U.N. says Afghanistan's opium now represents 93 percent of the world total, compared to 92 percent last year. [More] The explosion of opium trade indicates to me why the "war on drugs" is just about as as successful as some other conflicts we are stuck in. Unless you are willing to deal with the demand for illicit drugs, there is little evidence you can stop the production. Then again, legalizing, taxing, and regulating the drug trade could deflate the profits, crime and policing costs while arguably having little effect on consumption. Labels: drugs
China hasn't caught on yet, but ...
On a global level the economic miracle that is modern China is far more involved than immediately apparent. Like the NIMBY affluents they are, the developed world has been happy to let China become the nineteenth-century Pittsburgh of the world, hosting nasty, smelly polluting facilities and shipping the products out. China has become so good at being the forge of the world, the rate of pollution is literally breath-taking. But just as the speed and scale of China’s rise as an economic power have no clear parallel in history, so its pollution problem has shattered all precedents. Environmental degradation is now so severe, with such stark domestic and international repercussions, that pollution poses not only a major long-term burden on the Chinese public but also an acute political challenge to the ruling Communist Party. And it is not clear that China can rein in its own economic juggernaut.Free-trade foes should ponder how much we want those dirty jobs back. While employment for undereducated Americans was a godsend when our industrial age was dawning, pushing Americans to get more education and shift to non-manufacturing jobs isn't all bad either. Our economy demonstrates this positive aspect of globalization. But factories and power plants have to be somewhere, and I think China is awakening to the fact that what we have really outsourced to them is our environmental problems. It has implications for their ag sector as well. Perhaps an even more acute challenge is water. China has only one-fifth as much water per capita as the United States. But while southern China is relatively wet, the north, home to about half of China’s population, is an immense, parched region that now threatens to become the world’s biggest desert. The surge in US pork exports to China that experts attribute to Chinese swine disease problems and Beijing Olympic stage-dressing could be just the first indicator of an important trend. We saw something like this as the Soviet ag sector crumbled, but this time the customer is loaded with cash. Labels: environment, pork, trade Monday, August 27, 2007
Why we won't move to a "warm climate"...
My father's generation of farmers at least, placed great stock in being warm. The attraction of a winter home where the sun never failed and the temperature never made water a solid was irresistible to them. So off they embarked to places made habitable only by air-conditioning. When I visited my folks in Florida, I came away with a feeling of escaping from a future too ghastly for contemplation. It persists today. Perhaps its because I have had the advantages of fleece winter coats, four-wheel drive SUV's and reliable central heating, but I have never been tempted to yank up roots to simply experience more summer than I feel nature intended. It could be more than that. Aging occurs differently in different places. Years ago I learned something about aging -- that it wasn't so much the date of your birth but the place you were living in that determined whether or not you were old. There was a geography of aging in America. I began to notice this when I moved from Manhattan to Los Angeles in the nineteen seventies and stayed there through the nineties working as a script writer for various studios. I don't have any East Coast snobbery about the culture or lack of it in LA: nice, sentient, intelligent, art loving, caring people actually live there -- but it became clear to me that every time I returned home to New York to visit my folks I felt ten years younger, and every time I stepped out of the terminal at LAX I aged a decade. At first I didn't have a clue as to why that was happening -- I figured that it wasn't just because my parents still viewed me as their youngest child in New York it was the LA experience. I eventually learned that one became an official senior citizen at fifty in Los Angeles, and New York was holding fast to sixty five. Sure, I could get into movies cheaper, but in LA people canvassing in malls failed to ask my opinion on any topic -- I was outside the cherished demographic of 18-40. Then it happened. When I reached fifty nine, my important LA agent called me into his office and sadly, gently fired me -- noting that although I had many awards for writing, indeed too many which gave away the length of my career, and I was a helluva nice guy, he couldn't sell me to the studios or the networks. The message the agent conveyed was that I was old news... out of touch with the zeitgeist... incapable of understanding or creating what America wanted -- an America dominated by the young, and the youth worshipers. As the father of two young sons I was stunned by this -- I felt I knew more about how young people felt and acted than most young people. But the tide was too strong to fight it, and I soon went to Germany to work on a film, and later managed to do a series for the BBC. [More] It is very likely I am deeply in denial and time will reverse my prejudices, but the idea of NOT dying in the cold is repugnant to me. I've been to North Dakota too often methinks. Labels: culture, future, rural life
Is the cork screwed?...
When I was in Portugal with the US Grains Council in 1998 (?), we visited a corn farmer there who revealed his real cash bonanza crop was cork. It seems champagne makers were desperate for stoppers for all those bottles of bubbly for the Y2K celebration. Years have passed and tastes and budgets have changed. Suddenly the idea of (gasp!) screw-top wines bottles is gaining acceptance. Camp and bad French aside, the lighthearted marketing video articulates a watershed moment in the global wine industry: after hundreds of years of tradition, more and more winemakers are turning away from cork closures — and oenophiles are finally getting used to the idea. Bonny Doon, a boutique winery south of San Francisco, had used Portuguese cork for 19 years, but was losing 0.5% to 2% of its wine to "taint" — the unmistakably moldy or musty smell and taste of a contaminated wine, caused by a compound called TCA, which is sometimes found in cork. So, the winery decided to make a change in 2002. "It's not a lot, but it's enough," says Burke Owens, Bonny Doon's marketing director, of the switch to screwcaps. As the sommelier puts it: "The days of the cork are numbered." [More] That would be my fault. Yup. Your loyal correspondent has stooped to E-Z open grape juice. My favorite is a piquant little sauvignon blanc from Middle Earth called Zeal. They carry it at Sam's for about - gosh, I don't really know, but it has to be below $12 because I never buy anything over that. Anyhoo, it has a screwtop, and this engineer is on board with the trend. We should have done this years ago. But in the face of the obvious efficiencies (one less feature on your Swiss army knife), efforts to make cork harvesting look more "earth-friendly" are afoot. Big whoop. I just like the juice and the ease of getting to it. Sunday, August 26, 2007
Limited shelf life...
Just when you think high-fructose corn syrup (HFCS) is out of the woods... High fructose corn syrup (HFCS) has been singled out as having special properties that make Americans fatter than sugar and other energy sources with identical calorie contents. But an analysis by the University of Maryland Center for Food, Nutrition, and Agriculture Policy (CFNAP), now appearing online in Critical Reviews in Food Science and Nutrition, says there isn't enough research to conclude that high fructose corn syrup contributes to weight gain any more than any other energy source, including sugar and fructose. [More]something like this pops up. Sodas sweetened with high fructose corn syrup contain high levels of a potentially dangerous compound often found in the blood of diabetics, a new study concludes. This ongoing medical witchhunt could eventually stumble onto a witch, but for the time being let's just juxtapose this debate with another: Bottled water sales in the U.S. have skyrocketed in recent years, and with it consumers aren't making a concerted effort to recycle, adding more plastic to the nation's garbage dumps.Sometimes you just get a feeling that that a certain "lameness" or un-fashionability has seeped into a product or even an idea - that it is soo over, ya know. I'm getting that feeling on both these. Labels: culture, environment, food
I think the odds are rising...
If President Bush follows through on his tough line on health insurance for children, it leaves him less room to accommodate a farm bill he doesn't like and is strangely funded, I think. Mr. Bush comes to this fight with an understanding of how Schip has played out in the states, which is why his administration recently instituted reforms to the program that aim to restrict eligibility to those it was originally intended to serve -- the truly needy -- and not provide an incentive for middle class parents to drop their private health insurance. Moreover, he has threatened to veto federal legislation that would allow states to expand their Schip programs. I mean, think about a"legacy" of scrimping on kids and porking it out to farmers - which is how political opponents will certainly frame it. And I still think his pattern of rewarding loyalty will help him back up Sec. Johanns - who has carried the White House message faithfully - with a farm bill veto unless it contains significant reform. Labels: farm bill, farm program, policy
Must-read stuff...
Sterling Liddell, the economist (actually an econometrician) I referred to in my post this week has made his presentation - Where do we go from here? - available on the Iowa Farm Bureau website. (Click on the market Advantage 2007 box.) While PowerPoint presentations lose some of their impact when simply read, this one at least uses complete thoughts instead of cryptic clues I favor to keep people from reading ahead during a speech, so you can extract much of his logic. Recommended reading! [Update: another link for the presentation is here]
OK, you win...
I thought I had seen some crop damage from yahoos in a field, but this Dutch field may be the winner. ![]() A driver who was high on cocaine destroyed an entire cornfield in an attempt to escape from the police. Four police cars were destroyed before the 35-year-old crashed into a ditch and was arrested, near the village of Dussen in the south of the Netherlands. [Bear in mind, in Europe "corn" means the main local grain crop (looks like barley or wheat here). Maize is the their designation for corn]
The dwindling power of the press...
Current farm policy and especially the non-existent reform efforts by Congress have been savaged by all sides of the mainstream media - not to mention several creeks. A typical example: It goes against the grain for farm subsidies to be handed out to the rich. But that's precisely what the House version of the next farm bill does -- it continues big handouts to wealthy farmers and landowners. It's going to be up to the Senate to get it right when Congress resumes next month.
There is no change in the big ticket item in this farm bill cycle: $26 billion in direct payments, a leftover from "freedom to farm" payment contracts begun in 1996 that will be made, regardless of crop prices, over the next 5 years. Chairman Harkin has repeatedly criticized direct payments as "hard to justify" when crop prices are high, as they are now, and farmers will be making good money (in some cases record money) in the marketplace. Regardless of your position the sheer immobility of farm policy would seem to demonstrate some powerful lessons:
[Egad - another runaway metaphor!] Labels: farm bill, farm program, media
A sad commonality...
I have friends in Denmark, and have visited several Danish farms. The farmers there have always impressed me with their skills and professionalism, as well as being warm and hospitable. I was somewhat surprised to see they struggle with the same safety issues as the US, although they apparently had one very bad year recently. Tragic accidents on the farm were all too common last year, claiming the lives of 19 people, according to statistics from the Danish Agricultural Advisory Service and the Agricultural Working Conditions Board. One of the responses listed by the farm employees union to the report was stricter licensing for farm machinery operators. This strikes me as a good idea. Check "Perspective" in Top Producer magazine for more soon. Labels: rural life, safety Saturday, August 25, 2007
I think I hear the school bus honking...
If September is near, thoughts are turning to school and, as helpful as I find the college rankings at US News and World Report, this one might be more useful to most of us. From Radar magazine, the Ten Worst Colleges in the US: To be fair, we excluded community colleges, technical schools, and the kind of places that advertise in subway cars, limiting our search to accredited four-year institutions with brick-and-mortar campuses. We started by gathering statistics on academic offerings, admissions, and student life from a diverse array of sources, including Princeton Review, U.S. News, and the U.S. Department of Education. Then we factored in criteria like low SAT scores, incompetent professors, rock-bottom admissions standards, unbridled alcohol and drug consumption, rampant criminal activity, and dubious alumni. To complete the picture, we added reviews from online outlets like Students Review, Campus Dirt, and College Prowler. Finally, we tallied up the numbers in a variety of categories, ranging from worst Ivy to worst party school, and of course, the very worst college in the country. (Hint: The Moonies are involved.) Below, the nine colleges that made our dishonor roll. [More of a great read] (Hint - not good news for Spartans) Friday, August 24, 2007
I think I've been phished...
If this e-mail I got this morning is legit - which I am convinced it is not - the IRS is out of its bureaucratic mind. After the last annual calculations of your fiscal activity we have determined that you are eligible to receive a tax refund of $268.32. Please submit the tax refund request and allow us 6-9 days in order to process it. Further note: the sender address is service@irs.gov This is a pretty good try by current scam standards. As phishing schemes become more sophisticated I take great comfort in knowing the ultimate defense of my wealth lays in two barriers:
Thursday, August 23, 2007
How "McGyver" is this?...
Turn A PENCIL Into A LIGHT ! - video powered by Metacafe Amaze your friends with your resourcefulness! Make an emergency light bulb! [via RandomGoodStuff]
For the guys in Iowa...
When I spoke this week to folks in IA, I promised to post some links to sources I mentioned. This is one for finding out your life expectancy. Labels: blog
The web of finance...
Although Cargill has long been an advocate for their large food and feed customers (remember, grain growers - you are their supplier, not their customer) by moving slowly on ethanol expansion, their recent call to build an "escape clause" into any RFS increase places them on a collision course politically with most corn growers. The US is reviewing its federal Renewable Fuel Standard, which calls for the production of 7.5bn gallons a year of alternative fuels by 2012. This is expected to be reached well ahead of target, and the Bush administration has called for a benchmark of 35bn gallons by 2017, about half of it from ethanol.But it gets more complicated than that simple premise, although it is certainly a concern. Cargill is in many businesses other than grain, and one of them is "asset management" Or more crudely put, owning stuff. That part of their business, like most similar enterprises has seen recent financial turmoil dim the prospects for the future, especially should assets suddenly be devalued by deflating the real estate bubble. Guess which other branches of Cargill would have to pick up the slack? Cargill said three of its five divisions delivered record results, and played down the importance of its asset management business, which has been the largest contributor to earnings in recent years.I have no criticism of the Cargill position. Their defense of animal agriculture should certainly commend them to many farmers. But even this laudable effort can get entangled with cross purposes of other divisions. It's one reason you seen the conglomeration strategy come and go in modern business management. Diversification contributes to a loss of clear purpose even while reducing risks. The larger question though is the fallout from mandates. Mandate supporters think they can force the market to obey, but our species is far too devious to put up with those kinds of coercion forever. Ethanol needs to reduce its reliance on this barely legalized extortion methodology as soon as possible. And the best way IMHO, is a carbon tax. Tuesday, August 21, 2007
Let's see now...
Canadians, a "roadboat", a failed transcontinental crossing... ![]() Nope, nope... nothin' funny there.. Labels: fun
When credit heads south...
I'm not totally convinced the financial world is ending, but there is a very real problem of foreclosing on millions of homeowners all across the nation. The argument can be validly made that these borrowers should never have gotten mortgages in the first place, but after you make that rather sanctimonious judgment answer this: How many of the daisy-chained consequences of this unwinding are you personally willing to bear? While Mr Paulson sought to reassure Americans yesterday that the economy was strong, Mr Dodd warned that up to 3 million people were in danger of losing their homes in the fallout from the sub-prime mortgage crisis. "I would urge every possible step to be taken to keep people in their homes," said Senator Dodd, describing the likely rate of foreclosures as "deeply, deeply troubling". This "ripple" could be as understated as Mr. Bernanke's assurances of "containment" were overstated. Already-battered U.S. auto sales could be the next victim of the problems with mortgages, declining home and stock prices as potential car buyers delay purchases due to uncertainty. We all enjoyed the booming economy propelled by home-equity-loan-fueled consumer spending. The government enjoyed record tax receipts, retailers rejoiced, and employment surged. So if you think this is all going to stop in poorer neighborhoods with strapped borrowers, you may be in for a surprise. Apparently Ben was.
Straight from the Crop Tour...
Some frontline video from the Eastern leg of the John Deere ProFarmer Midwest Crop Tour. Note Roger Bernard's discovery of aphids about 20 miles from my farm. Somebody hold me... [Thanks, Eric!] Labels: blog, Farm Journal
The stealth wealth...
Our privileged lives help us to overlook the most important source of wealth for our nation: intangible wealth. The World Bank study defines natural capital as the sum of cropland, pastureland, forested areas, protected areas, and nonrenewable resources (including oil, natural gas, coal, and minerals). Produced capital is what most of us think of when we think of capital: machinery, equipment, structures (including infrastructure), and urban land. But that still left a lot of wealth to explain. "As soon as you say the issue is the wealth of nations and how wealth is managed, then you realize that if you were only talking about a portfolio of natural assets, if you were only talking about produced capital and natural assets, you're missing a big chunk of the story," Hamilton explains.[Whole 208-page report here] This staggering advantage we take for granted becomes most apparent when it is missing. Listen to Americans talk about foreign countries - especially under-developed ones - and the idea of social institutions that don't work hits home first. As farmers we are very late embracing the idea of wealth that cannot be hauled in a truck. Buy as Hernando de Soto pointed out in "The Mystery of Capital" without the basic ability to prove something is yours, hidden capital sits unused. Such everyday fixtures of order have real value, and the World Bank helps to point out why the US has much to be grateful to our forebears for and much to protect.
The Switchgrass Flim-Flam, Part XVIII...
I'm speaking today and tomorrow in Iowa for the IA Bureau and I followed Sterling Liddell who gave a long range outlook. Super presentation. He has all the flamboyant showmanship of an economist, but still strangely likable. Anyhoo, somewhere toward the end of his talk someone asked about switchgrass. He was far more discrete in his skepticism of this "energy solution" than I have been, but he mentioned an issue I had not heard of before: Rats. I can't google up anything tonight, so I will cross-examine him tomorrow but coupled with this story, it struck me as interesting. Now comes another woe, this one as icky as a biblical plague: millions of mouse-like rodents called voles feasting on everything from beets to potatoes in an infestation that has prompted a desperate, scorched-earth policy in one of Spain's agricultural heartlands. I'll keep looking - but is it me or is getting a little "Nostradamus" around here? What's next - a plague of frogs? Labels: ethanol Monday, August 20, 2007
Warning - loose money!...
The queasiness on Wall Street could surprise LaSalle Street. Commodity investors may never have a better time to buy corn, cotton and sugar instead of oil and copper.A price decline in copper would be a welcome relief for many as "copper security" is becoming a major industrial problem. The culprits were not the typical ones — heat waves, fires or drought — but thieves, who have been stripping the copper wires out of irrigation systems throughout California. The rampant thefts have left farmers without functioning water pumps for days and weeks at a time, creating financial loss and occasional crop devastation in a region still smarting from a spectacular freeze last winter. We have wealth splashing around the globe like beer in a plastic cup. Somebody should drink it just to prevent spillage. (Sometimes my metaphors get a little surreal.)
Yet another reason to hate eggplant...
And zucchini. And squash. And...[More] Maybe it's just a cheese-nightmare. [via Presurfer] Sunday, August 19, 2007
Energy Independence: Update...
As the pushback from ethanol mandates becomes fiercer, the winning argument seems to be wrapping the biofuel industry in the Stars 'n Stripes under the guise freeing us from dependence on "furrin orl". This seemed unlikely last year, and even more so today. While this is all fashionably xenophobic, not only is there no evidence to suggest we are decreasing our oil imports from bad people by making more ethanol, it would seem we are doing THE OPPOSITE.
Please compare the last column with the third. If we lump Saudi Arabia, Iraq, Algeria, and Venezuela (I forget - is Russia on our side now or not?) together as "nasty oil" then we are importing 3.458 million BPD now compared to 3.400 million BPD during the same period last year. Other interesting notes:
Other observers with more intellectual heft than this minor-leaguer are drawing similar conclusions. This is nonsense. As my colleague Robert J. Samuelson demonstrated this week, biofuels will barely keep up with the increase in gasoline demand over time. They are a huge government bet with goals and mandates and subsidies that will not cure our oil dependence or even make a significant dent in it. The numbers may not matter in the short run. Ethanol seems like it should reduce our need for imports, so if we keep saying it long and loud enough, maybe a miracle will happen. But every year as we re-examine our oil import numbers, the illusion will be harder to support. For producers, the key to maintaining support for mandates could be to install a large and powerful political base in as many states as possible and to keep the costs hidden. That's pretty much a mirror of our farm program political strategy. And it is hard to argue with the success of that political effort. Hence my cash rent bids. Labels: ethanol
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