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FARM ENERGY CORPORATION HOLDS MEETINGS IN NEW YORK, WEEK OF JAN. 24, 1994

 NEW YORK, Jan. 17 /PRNewswire/ -- Having devoted several years to research and developments, Farm Energy Corporation will begin, this year, the sale and leasing of its proprietary, one-of-a-kind, small scale integrated ethanol-feedlot processing unit.
 Designed for ethanol production from grains plus related products and services for family farms and farm cooperatives, the Farm Energy Unit solves for the first time the economics of small-scale ethanol- feedlot processing and will provide a much needed, new revenue source for small-scale farms in Canada, the U.S. and internationally.
 Reflecting the strong, international market potential, Farm Energy already has received more than 100 inquiries from both small-scale farms and some larger operations which have expressed interest in purchasing or leasing the Farm Energy Units.
 British Columbia-based management of this developer and marketer of integrated, family farm ethanol-feedlot production units, including Bud Smith, president, and Sam Belzberg, the Canadian industrialist, who is a major investor in the Company, together with other principals and investors, will be in New York the week of Jan. 24 for a series of meetings with investment professionals designed to present the investment appeals of the Company's very unique "product," its business situation, recent developments and prospects in meeting five timely and urgent market needs:
 1. Providing a new and significant revenue source for the family farm, staple of the Canadian and American economies that is seriously threatened. In the U.S. alone, it's estimated that some 200,000 family farms are in trouble. The Farm Energy system will provide farmers with the opportunity for financial independence.
 2. Ethanol Production to which President Clinton and key Canadian authorities have recently given their "blessing" as an urgent need.
 3. Jobs creation by saving and enhancing the family farm and farm communities through adding value to grain and livestock farm resources.
 4. The family farmers' need for cattle feed cost containment.
 5. Environmental considerations mandating livestock waste disposal or utilization.
 Briefly, for Canadian, U.S. and world farm markets, Farm Energy Corporation, a development stage company, has developed, for individual farm use, a proprietary, integrated ethanol-feedlot production system in a controlled environment, that can also take advantage of hydroponic plant growth opportunities, and produce methane gas for fueling its system. The company is operating a demonstration plant at Dalum, Alberta. With over 100 inquiries already in hand, FEC is negotiating arrangements to construct plants on lands owned by third parties, in Canada, the U.S., Europe, India, and Chile; FEC is forecasting revenues and earnings in 1994, based upon a cost under $500,000 per unit and a lease price of approximately $8,000 per month.
 With 9 million shares outstanding and listed on the Alberta Stock Exchange (FDT) and the OTC Bulletin Board (FECPF), Farm Energy is in the process of getting Blue Skyed in the U.S. and NASDAQ listed.
 Farm Energy has assembled a management team and directors with impressive career experience in business, government and finance.
 -0- 1/17/94
 /NOTE TO EDITORS AND INVESTMENT COMMUNITY: For more information or to attend one of the several meetings being held in New York, call contact below./
 /CONTACT: Irving Straus, chairman of Straus Corporate Communications, 212-768-2477/
 (FECPF)


CO: Farm Energy Corporation ST: British Columbia, Alberta IN: AGR SU:

GK-PS -- NY003 -- 2367 01/17/94 08:01 EST
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Date:Jan 17, 1994
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