Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   

Agricultural News


Economic Models are One Thing - Reality is Another

Fri, 27 Mar 2015 18:53:27 CDT

Economic Models are One Thing - Reality is Another Science Magazine has published yet another study from environmental activist and attorney Timothy Searchinger today that re-packages his already disproven theory of food vs. fuel. His assertions about the impact of biofuels on food markets run counter to the facts on the ground and have been debunked time and time again. The Renewable Fuels Association (RFA) once again exposes the holes in Searchinger's theory as Bob Dinneen, president and CEO of the RFA, released the following statement:


"Economic models are one thing reality is another. Data from the last decade clearly show that feed grains (like corn) used to produce meat have not been 'diverted' away from animal feed markets to make biofuels. In fact, even after accounting for the grain used for ethanol, more grain is available for feed and food use today than at any time in history. If biofuels were truly diverting grain away from food and feed production and causing scarcity, we would expect to see food prices rising abnormally but this clearly isn't happening. The United Nations food price index is at its lowest point since the global recession in 2009, and in real terms today's food prices are lower than in the 1960s and 1970s.


"What's more, the UN says per capita food supply and protein supply are both at record levels globally in other words, there is more food available per person today than ever before. Global hunger has fallen 21 percent since 1992 and undernourishment is also at all-time lows, according to the UN. Indeed, 'scarcity' isn't the problem facing the world's undernourished and hungry rather, the incredulous amount of food wasted is the largest nutrition-related challenge facing our world. The UN shows that 'roughly one-third of food produced for human consumption is lost or wasted globally, which amounts to about 1.3 billion tons per year.' For context, that amount of wasted food is almost equivalent to the global supply of coarse grains (corn, oats, barley, sorghum, rye, and millet). Or, in other words, the amount of food wasted is 15 times larger than the net amount of feed grains used by the U.S. ethanol industry.


"Let's not forget that ethanol producers make both fuel and feed. Only the starch in the grain feedstock is converted to ethanol, while 100 percent of protein, fat, and fiber remain available to the feed market in the form of distillers grains or other co-products. The world wants more protein not more carbohydrates and using grain for ethanol has absolutely no impact on global protein supplies."

   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Oklahoma Youth Expo Sale of Champions Sale Order Available Here- Sale Set for 4 PM Friday  Fri, 17 Mar 2023 04:50:54 CDT
  • Rural Voters Dominated Vote to Defeat Recreational Marijuana March 7th  Fri, 10 Mar 2023 07:13:05 CST
  • Ron Hays Talks to Israeli Ag Tour Guide Colin Lotzof About the Miraclel of Ag in Israel  Wed, 22 Feb 2023 22:11:04 CST
  • OALP Members Experience First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:51:49 CST
  • OALP Members Get First Hand View of Cutting Edge Drip Irrigation Technology as Israel Travel Ends  Wed, 22 Feb 2023 10:50:10 CST
  • Oklahoma Ag Leadership Program Sees Fruit, Beef and Dairy Production North of the Sea of Galilee in Israel  Mon, 20 Feb 2023 21:56:02 CST
  • Oklahoma Ag Leadership Program Sees Diverse Farm Operations in Jordan River Valley of Israel  Sun, 19 Feb 2023 21:17:30 CST
  • Israeli Tour Guide Mark Kedem Talks About The Cultural Aspects of What Class XX of OALP is Experiencing   Sat, 18 Feb 2023 22:17:23 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.
       
       
       

    Search OklahomaFarmReport.com

    © 2008-2024 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.