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To: Uncledave

Do you think wholesale milk prices rising 9% by next fall has anything to do with converting corn into ethanol instead of feed?

Poor Mexicans are having problems buying tortillas because of corn prices rising to unaffordable levels.

Also read a couple days ago that some farmers are having problems getting seed corn because more corn is being planted.


11 posted on 03/30/2007 6:39:15 AM PDT by zek157
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To: zek157
Poor Mexicans are having problems buying tortillas

That is nonsense. The two suppliers that supply the majority of tortillas got into some price fixing and speculation and got slapped for it. Crises averted.
14 posted on 03/30/2007 6:43:20 AM PDT by P-40 (Al Qaeda was working in Iraq. They were just undocumented.)
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To: zek157

We will probably never know the true cost of our government's little ethanol folly. Besides heavy government subsidies, there is also the increased cost of corn and things made from corn. Ethanol not only raises the price of gas, it delivers lower fuel efficiency. If it was the answer, then why does government put a tax on imported ethanol from Brazil? Is there anyone on FR that still believes this is not a giant gift to Archer Daniels Midland and the grain lobby?


20 posted on 03/30/2007 6:48:05 AM PDT by sportutegrl (This thread is useless without pix.)
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To: zek157

I asked a couple of farmers I know about the seed corn story. Neither mentioned any shortage. They pay cash, of course...


25 posted on 03/30/2007 6:52:17 AM PDT by Eric in the Ozarks (BTUs are my Beat.)
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To: All; zek157
Here is a link to the post that discusses the upcoming 9% rise in milk prices. I do think that ethanol is affecting milk prices.
51 posted on 03/30/2007 7:19:22 AM PDT by mmichaels1970
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