Farmer Unfazed by Ethanol's Uncertain Future
SALINE COUNTY - With news Monday that Washington is considering an elimination of the $6 billon dollar price subsidy in an effort to balance the budget, a local corn farmer said he will still plant the same amount of corn.
Billy Thiel plants more than 1,000 acres of corn each year and sends it all to the local ethanol plant. "The removal of the subsidy wouldn't really change how much corn I plant. I would still send all of the corn I harvest to the refinery."
Thiel said only a drastic measure, such as a large swing in the change of the price of corn, would cause him to alter what he sows.
"For me, it's all about the profitability of corn. If the price stays high, then I don't need to change a thing."