University of Nebraska-Lincoln Extension, Institute of Agriculture and Natural Resources

July 14, 2006

On this week's Market Journal:

Ethanol — is there a limit?

Market Journal program host Doug Jose visits with Vernon Eidman, University of Minnesota professor of applied economics, about ethanol and future production and pricing. Ethanol experienced a big increase in demand in May when petroleum companies switched from using MTBE as a fuel additive to ethanol, Eidman said. With the increased need for corn to produce ethanol, Eidman said he expects corn prices to increase by as much as a dollar per bushel over the next two years. For each dollar increase in corn price, the cost of ethanol increases by 36 cents a gallon, he said.

On this week's Market Journal Jose, a UNL Extension ag economist, and guests also will discuss:

Next week's Market Journal will examine the practice of ammoniating low quality forages as an alternative source of forage for feeding cows next winter.

Market Journal — UNL Extension's television for ag business decisions — is broadcast Fridays at 12:30 p.m. on Dish Network NAUHS 9411 and Time Warner Cable Channel 21 in Lincoln; Saturdays at 7 a.m. on NET1; and Sundays at 9 a.m. on NET2. Show segments and podcasting are available on the Market Journal Web site.

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Copyright 2006 by the University of Nebraska Board of Regents. All rights reserved.
Published by University of Nebraska-Lincoln Extension in the Institute of Agriculture and Natural Resources Cooperating with the counties and the U.S. Department of Agriculture.
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