March 01, 2008
Another reason for the sharp hike in food prices is the increasing demand for ethanol, which has driven up the price of corn – and at the same time created a shortage of wheat as farmers shift their crop to the more lucrative corn.
Yes, I know that the article is pointing to higher gas prices as the source of much of the price increases in foods like pizza, beer, hot dogs, and such things -- but imagine what will happen whe we start seeing a federal mandate for increased use of "renewable" ethanol as a fuel source More corn production will lead to less wheat production which will lead to higher prices for anything that uses flour -- you know stuff like bread.
Are the Greenies really sure that ethanol is a bright idea now? What will they say when they can't afford to buy a loaf of organic bread to make their staving children tofu and jelly sandwich?
Posted by: Greg at
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Posted by: OregonGuy at Sat Mar 1 06:34:56 2008 (K3e2l)
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