Ontario Soybean Growers Ask Premier to Clarify Position on Biofuels



    GUELPH, ON, July 10 /CNW/ - Ontario's Soybean Growers are requesting
clarification from the Premier regarding his stance on the province's biofuels
strategy.
    Speaking at his Essex County farm today, where he grows soybean, corn and
wheat, Ontario Soybean Growers (OSG) Chair Leo Guilbealt said, "Six weeks ago,
the Premier gave Ontario farm leaders verbal assurance that Ontario's biofuels
strategy is on track for a 10% ethanol mandate in all gasoline by 2010. His
government's Low Carbon Fuel Strategy is poised to deliver an increase in
biofuels volumes. We are seeking clarification from the Premier that he
remains committed to the Ontario biofuels strategy, as we all work together
for a healthy environment and robust economy in this province."
    Guilbealt, noted that recent misleading media reports around food versus
fuel issues may be contributing to confusion. He pointed out that income
growth in emerging economies such as China and India is the key reason for
rising food prices around the world. Increasing world demand for food, lowered
farm productivity in some regions due to drought, and current high petroleum
oil prices are also key factors.
    Dale Petrie, General Manager of the OSG says that biofuel production
supports both the need for added food production and demand for fuel. "In the
production of biodiesel, 80% of the crushed soybean goes to soy meal and soy
protein, while only 20% goes to oil. This is very important, in a world where
we are ever dependent on shrinking supplies of petroleum", said Petrie.
    Biofuels include ethanol and biodiesel. Ethanol is made from corn, and
biodiesel is made from soy and canola. Both ethanol and biodiesel production
result in valuable co-products: DDG (dried distillers' grain), which can be
used for animal feed, from ethanol, and high protein soybean meal from soy
crushing.

    Established in 1949, the Ontario Soybean Growers (OSG) represents 20,000
growers in Ontario, Canada. With a vision of an innovative and profitable
soybean industry, OSG's mission is to develop and promote a sound industry
business environment that will allow Ontario soybean growers the opportunity
for viable and profitable ongoing returns.





For further information:

For further information: Leo Guilbealt, OSG Chair - cell (519) 796-2289;
Dale Petrie, OSG General Manager - office (519) 767-0212, cell (519) 763-7692;
Mary Wiley, OSG Communications Coordinator - office (519) 767-2773, cell (529)
993-2070

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ONTARIO SOYBEAN GROWERS

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