Posted on 03/31/2008 3:22:27 AM PDT by TigerLikesRooster
Exactly what will happen. If this country elects Obama, or Hillary, we will get exactly what the majority have begged for. We will have sold our birth right for a bowl of lentils.
The hops shortage wasn’t bad enough—here’s another opportunity to crank up the beer prices again/yet!!!!!
We should end both the farm subsidies (that drive up prices and government spending) and ethanol subsidies (drive up prices).
So exports will be down then?400 thousand tons equals 15.7 million bushels.We expect to export 24.5 million bushels this year if the USDA figures hold up.
As has Soybeans...
While corn has rebounded...
Essentially, because of crude linkages from the madness of Ethanol...
Note: The above are all live data
In addition to soaring grain commodity prices, supermarket prices could get a lot more expensive contingent on truckers strikes expanding.
Even if the Fed continues printing billions & trillions of inflated dollars, it will not resolve mounting food prices.
“A truckers strike would be serious, in the short-term the reports Ive been seeing about independent owner-operators parking their trucks and going out of business might have catastrophic long-term implications......”
We’ll just get the Mexican truckers to do it.......
I didn’t realize we used the whole kernel of corn to make ethanol. I thought only the sugars in corn were needed.
Here are today’s prices paid to the farmer in Nebraska - don’t know who gets the CBD prices.
http://www.ams.usda.gov/mnreports/WH_GR111.txt
Yeah, you left out the massive crop failures in europe and elsewhere last year. I think I read china had some major crop failures too, due to cold weather. But those were more recent. It’s kind of a sick twisted logic, but pushing massive ethanol production might be the best way to get people to overthrow oppressive governments. When they’ve been hungry for awhile, they might get grumpy enough to tell their leaders to stuff it.
Have you looked at the bill close enough to know the percentage which is FOOD STAMPS ?
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