Washington, DC (PRWEB) April 6, 2006
Due to the recent volatility in crude oil, there has been a lot of talk about the need for alternative energy. The most discussed alternative energy is ethanol. Ethanol fuel is produced from corn, which reduces petroleum use by about 95 percent.
Several companies are already pursuing ethanol. Abengoa Bioenergy, is building a plant in Spain to produce 110,000 gallons per month of ethanol from agricultural residues. MEMS USA, Inc. plans to build a facility in northern Ontario capable of producing 5 million gallons of ethanol per month from forestry and mill waste. And Iogen Corporation is working with Volkswagen and Shell to study the feasibility of building an ethanol plant in Germany. Needless to say, the demand for corn is expected to rise 6.1 percent this year and orders for corn is expected to jump 34 percent by years end.
Investors interested in investing in corn today, can do so in the commodity futures market. Corn is currently trading at $2.29 cents per bushel. The projected long-term target is $3.00 cents per bushel. If corn achieves its long-term target, that move would be equivalent to a 1,050% return on your investment!
Ray Yzer is available for print, radio and television commentary. Please contact Tom Kelley, Concept Group USA, 202-344-5043.
About Dynasty Financial Group: Dynasty Financial Group, LLC is an asset management firm with a broad range of product offerings including: managed futures, exchange traded derivatives, prime brokerage services, foreign exchange, and OTC derivatives. Services and products are provided nationwide to a diversified client base, including: corporations, retail clients, and high net-worth individuals who value personal and specialized services. (http://www.dynastyfinancial.com, 866-568-6563)
Tom Kelley, Concept Group USA, 202-344-5043
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