World Health Energy Holdings Inc (WHEN)

[jburns]

I received this in an email a little while ago.
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To investors and shareholders:

We have received many inquiries on why APPI shifted its focus to biodiesel and not ethanol. The following PR on what is happening to the cost structure for ethanol production should be of interest.

Regards,

Investor Relations for APPI
404-261-1196

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Demand for Corn Driving Up Meat Prices




Friday March 9, 10:21 AM EST


WASHINGTON (AP) — Strong demand for corn from ethanol plants is driving up the cost of livestock and will raise prices for beef, pork and chicken, the Agriculture Department said Friday.

Meat and poultry production will fall as producers face higher feed costs, the department said in its monthly crop report. Ethanol fuel, which is blended with gasoline, is consuming 20 percent of last year's corn crop and is expected to gobble up more than 25 percent of this year's crop.

The price of corn, the main feed for livestock, has driven the cost of feeding chickens up 40 percent, according to the National Chicken Council. The council says that chicken, the most popular meat with consumers, will soon cost more at the grocery store. The industry worries the competition from ethanol could cause a shortage of corn.

The average price of corn, unchanged from last month, is $3.20 a bushel, up from $2 last year.

For soybeans, analysts said prices are averaging $6.30 a bushel, up from last month's average of $6.20. Last year's price was $5.66. Wheat prices are averaging $4.25 a bushel, unchanged from last month and up from $3.42 last year.

Also in the crop report, the department updated the citrus forecast to include the effects of a January freeze on California oranges. The California crop will be 39 percent smaller than last year, and combined with freezes that are expected to reduce the Florida crop, the nation's crop is expected to be 18 percent smaller than last season.