Hungary's Grain Surplus Allows Biofuel

WASHINGTON - Apr 26/07 - SNS -- After accounted for livestock feed needs for the foreseeable future, Hungary can safely divert up to 2.5 million metric tons (MT) of grain annually to biofuel uses, according to a presentation by Jozsef Graf, Minister of Agriculture and Rural Development at a recent biofuels conference in Budapest.

Writing about the event, the U.S. agricultural attache for the country said, Minister Graf stressed that Hungary and neighboring countries have stable agricultural potential for increased bio-energy production.

Market conditions, such as the surplus in grain production, the increasing environmental concerns and the new European Union bio-energy directives put the emphasis on bio-ethanol production particularly much in Hungary.

Beyond the coarse grain needs of the developing animal production of the country, an annual 2-2.5 million MT grain may be utilized for bio ethanol production in the long run.

Subscribers can read the full text of the article by Clicking here