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Getting slammed at the supermarket (corn crop failure will raise food prices)
NY Post ^ | September 19, 2011 | BARBARA F. HOLLINGSWORTH

Posted on 09/25/2011 11:37:09 AM PDT by lowbridge

High energy prices and bad weather -- including blistering hot temperatures, flooding in some places and drought in others -- hurt this year’s agricultural output. But farmers agree that a major problem is the soaring price of corn, which is used directly in products like cereal, and indirectly as livestock feed.

Corn is nearly twice as expensive now as it was last summer -- even though US farmers planted the second-largest crop since World War II.

Why? Well, 40 percent of the crop goes to produce 12.6 billion gallons of ethanol to meet the government’s renewable fuel standards. In other words, much crop land is being used to produce ethanol, not to produce food.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: burningfood; business; corn; ethanol; food; foodcost; foodflation; foodshortage; getreadyhereitcomes; preparedness; preparenow; prepperping; stockup; stockupandsave; survivalping
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1 posted on 09/25/2011 11:37:14 AM PDT by lowbridge
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To: lowbridge

My tagline says it all.


2 posted on 09/25/2011 11:41:08 AM PDT by rdl6989 (January 20, 2013 The end of an error.)
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To: lowbridge
Grits went up 40 cents a box in a week! Minca!!
3 posted on 09/25/2011 11:41:18 AM PDT by 4yearlurker (I've been dipping into my jar full of Hope & Change just to buy gas!!)
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To: lowbridge

This government is the enemy of common sense - and the enemy of the people.


4 posted on 09/25/2011 11:41:34 AM PDT by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: lowbridge

I still have not eaten any fresh corn year this year. Still waiting for my homegrown to make an appearance.


5 posted on 09/25/2011 11:43:27 AM PDT by EggsAckley ( There's an Ethiopian in the fuel supply ! !)
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To: rdl6989
Good tagline.
6 posted on 09/25/2011 11:43:45 AM PDT by Glenn (iamtheresistance.org)
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To: lowbridge

I’ve noticed more and more companies are returning to using sugar to sweeten their products as opposed to HFCS.


7 posted on 09/25/2011 11:45:12 AM PDT by Drew68
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To: lowbridge

This government is making it all worse. I am almost 100% sure that blackouts will hit Texas next summer because we over-spent to build so many useless windmills.


8 posted on 09/25/2011 11:45:12 AM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: lowbridge

We just had some visitors from Germany. Their major complaint was the high price of food in this country. For example, in Germany bread is roughly $0.60 per pound,locally the price ranges from $2.50 to $4.00 per pound; cheese, in Germany, sells for about a $1.20 per pound etc. I’m having them send me some market advertising material showing prices of various food stuffs in German markets. Their report fits in with reports on how we Americans are getting “screwed!”


9 posted on 09/25/2011 11:45:42 AM PDT by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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To: lowbridge

....40 percent of the crop goes to produce 12.6 billion gallons of ethanol to meet the government’s renewable fuel standards. In other words, much crop land is being used to produce ethanol, not to produce food....

::::::::::

There it is in one sentence. The rest is BS. THIS is what is driving much of the food cost increase across the board. Again, the government shafting the public to play its games of eco-politics.


10 posted on 09/25/2011 11:46:12 AM PDT by EagleUSA
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To: lowbridge

Stop ruining gasoline, and feed the world.


11 posted on 09/25/2011 11:53:16 AM PDT by pallis
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To: lowbridge

I don’t see a problem here the environazi plan are working just fine

Drive food prices up...

/ S


12 posted on 09/25/2011 11:55:48 AM PDT by Popman (Obama is God's curse upon the land....)
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To: Popman

To hell with food price’s have you looked at the price of deer corn!


13 posted on 09/25/2011 12:00:53 PM PDT by Dusty Road
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To: AEMILIUS PAULUS

WOW, once upon a time, not so long ago visitors from Europe used to wonder and the variety and low cost of food in the U.S.


14 posted on 09/25/2011 12:05:12 PM PDT by algernonpj (He who pays the piper . . .)
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To: lowbridge

I noticed the other day that cereal boxes had gotten smaller.


15 posted on 09/25/2011 12:09:02 PM PDT by KansasGirl
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To: lowbridge

Another bogus ‘we’re burning our food for fuel’ article? They don’t even try to get their facts straight.

We have been producing #2 yellow dent corn for decades and non of it goes directly for human food.

Unless you consider soda pop food.


16 posted on 09/25/2011 12:09:16 PM PDT by Free Vulcan (Vote Republican! You can vote Democrat when you're dead.)
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To: lowbridge

We are going retro.

Before the combustion engine, a good deal of cropland went to grow feed for horses, mules, oxesn etc ... for transportation and work.


17 posted on 09/25/2011 12:15:09 PM PDT by Lorianne
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To: Free Vulcan
Another bogus ‘we’re burning our food for fuel’ article? They don’t even try to get their facts straight.

I am sure you would not mind the elimination of the ethanol mandate then. Corn-based ethanol mandates are an economic, environmental, and moral disaster. Both the left and right should agree that corn based ethanol mandates are terrible policy. The only groups not agreeing are the corn states with their inflated corn prices due to the ridiculous mandates.
18 posted on 09/25/2011 12:15:37 PM PDT by businessprofessor
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To: GeronL

****I am almost 100% sure that blackouts will hit Texas next summer because we over-spent to build so many useless windmills.****

But you will feel so good about yourself knowing you are setting in 100+ degree temps while not pumping CO2 into the atmosphere because you shut down the coal fired plants!

Ok, that was sarcasm!


19 posted on 09/25/2011 12:20:32 PM PDT by Ruy Dias de Bivar (Click my name. See my home page, if you dare! NEW PHOTOS & PAINTINGS)
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To: KansasGirl

A “pound” of coffee is now 10 ounces at Price Chopper...


20 posted on 09/25/2011 12:21:25 PM PDT by Shady (The undeniable truth of the Obama Administration...The numbers do not lie.)
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To: lowbridge

We are going retro.

Before the combustion engine, a good deal of cropland went to grow feed for horses, mules, oxesn etc ... for transportation and work.


21 posted on 09/25/2011 12:22:25 PM PDT by Lorianne
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To: lowbridge

This article is full of errors. It suggests that 40 per cent of the corn crop is diverted into fuel, rather than food.

The truth is very little corn is eaten directly, virtually all the corn is grown as cattle feed. Ethanol production merely turns the starch into fuel. The resulting mash is fed to cattle, same as before!

I bet she was one of those who complained about subsidies, and, paying farmers “not” to grow corn. Well if so, she got her wish. Corn was $2 a bushel in the 50s, 60s, 70s, 80s, 90s and ... Well you get the idea.


22 posted on 09/25/2011 12:26:22 PM PDT by Freedom4US
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To: lowbridge

We are forced to burn corn in our cars.

MPG drop at least 10%.

Corn grower Lobby is smiling.

Yes we are stupid.


23 posted on 09/25/2011 12:29:04 PM PDT by hadaclueonce ("Endeavor to persevere.")
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To: EggsAckley

All mine burned up in 110 temps. Watering didn’t help. Lost the whole garden right when it started to produce so didn’t get anything for the freezer and barely anything at the first of the summer for the table.


24 posted on 09/25/2011 12:31:44 PM PDT by bgill (There, happy now?)
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To: Drew68

I think part of that is the cost of corn, and part of that is because more and more consumers are demanding sucrose as more and more studies show the adverse effects of HFCS. The big trick now it to use 2/3 Sucrose and 1/3 Fructose, which is even worse than the HFCS.

I cut out all HFCS possible (Which is virtually eliminated, now), and have been pleased with the healh improvement I have had in the last 6-12 month period (It took a little while to phase out, but has been about 6 months, unless I have eaten some minute amount when at a friends, etc.).


25 posted on 09/25/2011 12:36:40 PM PDT by JDW11235 (I think I got it now!)
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To: KansasGirl

Canned tuna used to be 7 1/2 oz and it’s down to 5 1/2 oz. The largest Folgers coffee at our store is about 9 oz smaller but a dollar more than it was at the beginning of summer. All packaging is getting smaller yet higher priced. Just this last week, our local grocery and walmart raised their prices. Walmart doubled their price of off brand canned vegetables. I don’t know about the national brands since I can’t afford them. Milk prices have shot up too. Also, the local water authority announced due to the drought they are limiting the water to rice farmers for their second crop this year so watch for rice to go up in a few months. Pumpkin is going to be high this year because of the flooding.


26 posted on 09/25/2011 12:41:32 PM PDT by bgill (There, happy now?)
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To: Drew68
I’ve noticed more and more companies are returning to using sugar to sweeten their products as opposed to HFCS.

Notice the number of products proclaiming 'No High Fructose Corn Syrup!', as well...

27 posted on 09/25/2011 12:42:36 PM PDT by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: bgill; KansasGirl

I noticed too that pecan sandies are now 15% smaller, but doubled in price, locally. Also I live in a large dairy/cattle region and the price of beef is set to skyrocket. The buying time is NOW as farmers are culling their herds and the price has lowered. Besides corn, cattle also eat hay (the price of hay has doubled in this region due to flooding earlier in the year), in fact all the cattle I have seen in this area (there are several farms nearby), eat hay. My parents live on the other side of the country and my dad mentioned that due to flooding, the farmers there weren’t able to plant their crops until very late also, and that they expect cattle in that market to become very costly too.

Just a heads up.


28 posted on 09/25/2011 12:47:06 PM PDT by JDW11235 (I think I got it now!)
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To: who knows what evil?

There is a major pushback on that additive. Thank goodness.


29 posted on 09/25/2011 12:47:57 PM PDT by JDW11235 (I think I got it now!)
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To: JDW11235

Agreed.


30 posted on 09/25/2011 12:50:26 PM PDT by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: lowbridge

Corn Lobby has “corn’ed” us all.


31 posted on 09/25/2011 12:56:24 PM PDT by hadaclueonce ("Endeavor to persevere.")
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To: lowbridge

Meanwhile, SSA/ ILWU is protesting a new grain terminal in WA state that is preparing to ship grain to China, and at the same time SSA is fighting to build another grain terminal in WA to ship more grain to China.


32 posted on 09/25/2011 12:59:20 PM PDT by Eva
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To: lowbridge
"..Well, 40 percent of the crop goes to produce 12.6 billion gallons of ethanol to meet the government’s renewable fuel standards. In other words, much crop land is being used to produce ethanol, not to produce food..."

Boondoggle!

33 posted on 09/25/2011 1:13:24 PM PDT by Anti-Bubba182
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To: JDW11235

I’m in Texas and everyone has already or is on the brink of selling off their cattle. However, grocery beef prices have not come down. The reason, crazy as is seems, it’s being shipped to China. Yes, no matter what the price of beef is today, it’s only going to skyrocket over the next few months to two years. It’s going to take time for the rains to come, then for the feed to be planted and harvested, and then for the new calves to grow to market size. The supply and demand will be great getting herds started again and ranchers will be paying out the wahzoo just to buy new stock. Let’s face it, it’s all gone down the toilet. Today will be looked upon as the good ol’ days.


34 posted on 09/25/2011 1:24:07 PM PDT by bgill (There, happy now?)
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To: Shady

I sure do miss Price Chopper since moving to the swamps of Delaware.


35 posted on 09/25/2011 1:30:00 PM PDT by animal172 (Please Lord. Come get the liberals.)
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To: Freedom4US

That mantra about ‘burning food’ just won’t go away. We use little field corn as food [maybe 10%]and the price of corn has darn little to do with the price of corn products that do use #2 Dent. A $4 box of corn flakes uses about 5 cents worth of corn. We export almost as much as we use for ethanol and we feed the cake from ethanol manufacture to livestock as you said.
Imagine the uproar if people caught on to the fact that many rural folks use corn as an actual fuel to heat their houses. It’s messier than wood, in my opinion, but the feed system, if set up right, saves you from running out to carry logs in.


36 posted on 09/25/2011 1:36:22 PM PDT by Hartlyboy
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To: lowbridge

The first I remember of this type of inflation was in the early 1970’s with Nixon’s “Wage and Price Freeze”.

Quickly, a freeze in Florida caused a spike in oranges and orange byproducts. Others followed suit, including .... gasoline prices by OPEC.

Now, there is no Law of Supply and Demand. It’s skyrocketing prices, at all cost.


37 posted on 09/25/2011 1:37:28 PM PDT by wizr (If God isn't on your side, who is?)
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To: lowbridge
Corn is nearly twice as expensive now as it was last summer -

Corn was $7.50 last summer, now it's $6.

Was there any need to read further?

38 posted on 09/25/2011 1:41:34 PM PDT by Balding_Eagle (Keep running Sarah! And keep the opposition guessing as to when you'll announce.)
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To: EagleUSA
Even the 40% number is a load of crap, it's actually less than half of that, and has been fully documented here on FR time and agin.

Then there's this "Corn is nearly twice as expensive now as it was last summer -

Corn was $7.50 last summer, now it's $6.

Was there any need to read further?

39 posted on 09/25/2011 1:45:03 PM PDT by Balding_Eagle (Keep running Sarah! And keep the opposition guessing as to when you'll announce.)
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To: Anti-Bubba182

Boondoggle? How about INSANITY?


40 posted on 09/25/2011 1:48:31 PM PDT by Former Proud Canadian (We .. have a purpose .. no longer to please every dictator with a vote at the UN. PM Harper)
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To: Free Vulcan
Another bogus ‘we’re burning our food for fuel’ article? They don’t even try to get their facts straight. We have been producing #2 yellow dent corn for decades and non of it goes directly for human food.

That's not the point, and I suspect you know it. The point is more and more land that would otherwise be used to grow food for humans or livestock, is being used to produce corn intended to be used as fuel (and therefore not for human consumption.)

Using land to grow corn to be used for fuel shrinks the available supply for humans and livestock, therefore driving up prices. Combined with the drought in some parts of the country and excessive rain in other parts, the combination of the three is causing prices to skyrocket.

Any reasonable thinking person knows that growing corn to be used as fuel is a bad idea from an economics and energy perspective. It takes more energy to produce ethanol than it returns. That's just the law of thermodynamics in play. The economics of ethanol from a fuel price/food price perspective isn't pretty either. It's a losing proposition any way one looks at it. The only beneficiaries are the ethanol producers who suck at the government teat for our tax dollars.

41 posted on 09/25/2011 1:50:52 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Eva
Meanwhile, SSA/ ILWU is protesting a new grain terminal in WA state that is preparing to ship grain to China, and at the same time SSA is fighting to build another grain terminal in WA to ship more grain to China.

Contrary to the tone of the article, we are flooded with foodstuffs, from corn and soybeans to poultry and pork.

Without exports our food supply would collapse in bankruptcy.

See tagline

42 posted on 09/25/2011 1:51:55 PM PDT by Balding_Eagle (Overproduction, one of the top five worries of the American Farmer each and every year..)
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To: bgill
The reason, crazy as is seems, it’s being shipped to China.

You're right: it's crazy that we're feeding the Chinese while we're paying these high prices at home.

Enough, shut China off.

43 posted on 09/25/2011 1:54:18 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: usconservative

What should be done with the mountains of surplus grain?


44 posted on 09/25/2011 1:54:18 PM PDT by Balding_Eagle (Overproduction, one of the top five worries of the American Farmer each and every year..)
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To: EggsAckley
I still have not eaten any fresh corn year this year. Still waiting for my homegrown to make an appearance.

Didn't grow any...Usually get it at the local farmer's market...Not this year tho...6 bucks a dozen...They can feed it to their pigs...

45 posted on 09/25/2011 1:54:42 PM PDT by Iscool (You mess with me, you mess with the WHOLE trailerpark...)
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To: usconservative

See #42


46 posted on 09/25/2011 1:54:55 PM PDT by Balding_Eagle (Overproduction, one of the top five worries of the American Farmer each and every year..)
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To: Balding_Eagle
What "mountains" are you talking about?

You hedge in commodities or something? What's your interest in having these high prices anyway?

47 posted on 09/25/2011 1:55:40 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Balding_Eagle

See #43.


48 posted on 09/25/2011 1:56:37 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: lowbridge
at least half the fields round here are 90 corn due to wet fields in the spring...
49 posted on 09/25/2011 2:02:00 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: bgill

At the time I was rolling my eyes but some guy didn’t have money for feed and traded us 2 steers, we have one in the freezer and the other one will be soon.

Then my son wanted to buy some cattle that our neighbor was selling so we also have 6 bred cows, 5 steers and 1 heifer. He got them ridiculously cheap-long story-so as long as we have feed, we’re okay on the beef front.

Then we had a great misfortune, hail came across our farm and almost ruined all of our crops but one good thing came out of it, the seed company isn’t going to harvest the milo and we can bale it up for the cows.


50 posted on 09/25/2011 2:04:47 PM PDT by tiki
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