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One point to consider when you complain about the price of corn is, $2.00
corn cannot be produced without taxpayer funded price supports, This morning we could contract corn for December 07' delivery at $3.38 and you can cut about 30 cents off that for various quality discounts. A farmer is not getting rich on $3 corn with the much higher input cost we have had in the past few years. Actually he still needs good weather and careful managment to make anything. Bottom line, corn is still going to cost the consumer either at the store or in taxes. Second point, it was never planned to replace gasoline, just one of many alternate energy sources and none of them are cheap. The days of cheap energy are gone and anything that uses energy is going to cost more in the future including food. I'm afraid food prices are just starting to go up and will continue so. "cavelamb himself" wrote in message k.net... I am remimded of a quote that said, "when otherwise intelligent people do stupid stuff, there is usually politics involved". So not only do we pay more for less power in out auto fuel... http://www.netscape.com/viewstory/20...nd-for-ethanol |
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