Well if you are going to donate your shell corn to the ethanol industry for the price of growing it you might have something but when you sell it by the bushel at chicago board of exchange prices not by break even costs your numbers don"t add up. Then add in all government substitutes you get to grow it and the cost is even higher. A major thing to consider that you fail to mention is the food vs fuel problem. The more acres given to corn for ethanol means less for other food crops and cotton etc which means those prices will go up which has the last few years. Also as the price of corn rises with the growing demand for ethanol, livestock input cost rise also which us passed on to the consumer. The biggest downfall of the ethanol industry is the inferior final product. You have a good propaganda machine going though, your industry teamed up with the government is hard to beat!
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