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Livestock producers fret over ethanol plans
31 Aug 2005
Livestock producers are worried about a permanent rise in the cost of grain in the event that the federal government mandates a mandatory blend of 10 per cent of ethanol with petrol. Ethanol is a derivative of sugar cane and also grain. A study by the Centre for International Economics and commissioned by producers said that mandatory use of ethanol would increase the price of grain by 25 per cent, and be bad new for pork, dairy, chicken egg and lot-fed cattle producers.
Financial Review, 31/08/05
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