Any of these idiots checked the price of a bushel of corn lately. Hold on if you haven’t. Due to the drought the shortage of expected 30% loss in crops this year corn prices are skyrocketing. Add to that some asshat decided that we have to use 10% of that for fuel?
What a freaking genious.
Wait till you see the price of meat come October/November and December.
“Wait till you see the price of meat come October/November and December.”
Yeah, I have no advice for that... except, maybe eat pink slime?
BTW, I think we use more than 10% of our corn for fuel.
Lean hogs for August delivery closed today at $88.850 per cwt on the Chicago Mercantile Exchange. Leans hogs for December delivery closed at $73.150.