My Declining Standard of Living

[DevoBill]

Joe,

What state are you in?

I'm in South west MN. We have nearly forty Ethanol plants with in a hundred miles. There is huge surplus of residue co-product feed, it's going to beef, dairy, hog confinements, poultry. Still there is a surplus. We have local farmers contract to the ethanol plant with corn and part of the contract is hauling residue back to their cattle. They make out better than cutting silage, or hauling to the elevator.