Originally Posted By: Virtus_Probi
If they could figure out how to then turn the ethanol into corn, food would be wicked cheap, too!!!
;^)
Nah. It stil takes a lot of processing and transportation costs, warehousing, etc. I won't even haul your food to you in my semi for the rate to do so a year ago. You want it, you have to pay to have it brought to you or grow it yourself. Your corn flakes and corn bread will not go down in price. Corn has been uncomfortably low on the commodity markets. Drops any more and won't be worth growing it. Not sure how corn and ethanol have anything to do with food prices. Unless all you ever eat is corn products. Corn prices, adjusted for inflation, are lower than they were when Billy Bob was president. 20 years and corn prices have fluctuated, for sure, but they are essentially lower in price today than then. Your food prices are not affected in the least by ethanol production.