[ozzymandus]

This isn't entirely due to ethanol. The price of wheat and other grains is also high, due to a prolonged drought in the producing regions.

[thackney]

Thank you. After your note a quick look at charts for wheat, soybeans and oats all have similiar curves.

http://www2.barchart.com/mktcom.asp?section=grains

[Old Professer]

"...U.S. corn farmers began harvesting their third-biggest crop ever."

Droughts don't normally result in big yields.

[gondramB]

>>This isn't entirely due to ethanol. The price of wheat and other grains is also high, due to a prolonged drought in the producing regions.<<

And energy cost for corn farming are a significant portion of expenses -and they are up.