October 16, 2008

Corn and ethanol: An economic resurgence story

Check out this news of the day post from the National Corn Growers Association (NCGA). It covers some of what NCGA CEO Rick Tolman told AgriTalk about ethanol and the economy. There's also a quote or two from USDA Under Secretary for Rural Development Thomas Dorr.

In the interview, Tolman stressed the importance of corn ethanol for the people and economy of rural America and provided an update on the 2008 corn crop.

"It’s a tremendous story of economic resurgence," Tolman said. "Nationally, we have about 240,000 jobs supported by the ethanol industry. The most compelling stories are the local rural ones, of communities that can now build schools and fire stations because of increased tax receipts. It's an exciting story."

The interview was in conjunction with a Farm Foundation/USDA conference on the rural bioeconomy.

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