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To: Toddsterpatriot
I think I heard that ethanol production for fuel last year used 15% of the corn crop. You think that might distort the market?

The corn market? Sure, and the competition for land can and did affect other grain markets. But, I'm still waiting for any facts to prove whether and how much government-mandated ethanol "distorts food markets" (other than the niche "corn on the cob" market). How much do fluctuations in grain prices affect the price of food?

Someone previously stated his opinions and feelings about markets, and you raked him over the coals, demanding evidence. Now, when you hope to make a point, your idea of supporting evidence is to present what you think you paid for corn on the cob last year? ;O)

86 posted on 04/22/2009 11:33:06 AM PDT by newgeezer (It is [the people's] right and duty to be at all times armed. --Thomas Jefferson)
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To: newgeezer
You think that might distort the market?

The corn market? Sure,

Excellent! I'm glad we agree.

and the competition for land can and did affect other grain markets.

Bravo, 2 for 2.

But, I'm still waiting for any facts to prove whether and how much government-mandated ethanol "distorts food markets

I think the whether is obvious. As to how much, that's open to interpretation.

Someone previously stated his opinions and feelings about markets, and you raked him over the coals, demanding evidence.

Yeah, the other opinion was we save $100 billion to $150 billion per year in fuel costs due to the addition of ethanol.

You think that's a bit more specific, and more easily refuted, than the idea that the government mandating billions of gallons of ethanol usage will distort food markets?

Now, when you hope to make a point, your idea of supporting evidence is to present what you think you paid for corn on the cob last year? ;O)

I'm open to any evidence you provide that shows no distortion occurred. :^)

88 posted on 04/22/2009 11:40:35 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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