- Business notebook: Cape native goes from farm to mobile-food operation (3/20/17)1
- Three out, including city administrator, at Scott City; two resigned, one fired (3/16/17)1
- Several tournaments already booked at Sportsplex (3/16/17)6
- Legal discrimination complaint, ethics complaint filed in Scott City government (3/22/17)9
- Former Scott City administrator: 'I was forced to resign' (3/21/17)6
- Cairo man pleads guilty to bank murders (3/17/17)1
- Two people found dead in Advance house fire (3/21/17)
- Triplett manslaughter case set for July 2018 (3/21/17)2
- Two local lawmakers back charter school bill; Perryville lawmaker objects to measure (3/19/17)20
- Two Cape men charged with second-degree murder of Grandi (3/21/17)2
Ethanol plants are bad investment
To the editor:I concur with Monty Keesee's concern about the pollution likely to occur from the proposed ethanol plants. The bright side is that the ethanol-plant investors will think twice before investing in more plants. Stock prices in plants that have gone public have dropped 40 to 60 percent. Investors are banking on increased corn acres, resulting in higher yields. This is not likely to happen, because:
1. Corn in lieu of spring wheat yields 50 bushels less.
2. Corn after corn yields 12 to 20 percent less than corn after beans.
3. Cotton Belt corn is 35 bushels less than Corn Belt corn.
4. Floods and wet-weather delays in planting this spring will result in lower yields or switching back to soybeans.
5. Government subsidies slated to expire in 2008 and 2009 will end profitability for ethanol, if not renewed.
6. In the past two years, the United States has not produced enough corn to meet market demands for beef, pork, poultry, milk, eggs and ethanol.
7. High corn prices and lack of subsidies will reduce profit to the extent that ethanol plants will inevitably close or be a bad investment.
JACK H. KNOWLAN Sr., Jackson