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CSPAN2 Public Affairs February 16, 2013

Ready well. In terms of the intensity of the drought, remember 1988 that came out with no corn and all things considered, we took 4 billion bushels off of our corn crop estimate by the end, but that was about the size of the 1988 crop. To me, because of no till practices and a lot of that helped by biotech varieties and because those developments and seed varieties and were able to get a better crop than i wouldve had otherwise. For senator stabenow, you just answered your question about livestock problems. Id like to continue if you could discuss problems for the renewable fuel industry raised by the lesson production, higher prices, et cetera you see ahead for that. I think that clearly this past year because of corn prices weve seen reductions in margins economic producers. If you look at the weekly levels of ethanol Production Company took a big tip and has been remaining buffalo that cabs under the renewable fuel standard ....

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