>>>>>Oh, and don’t forget under the 100% use of corn for Ethanol to replace Gasoline we may not have any other use of corn: this includes Bourbon Whiskey, corn bread, corn on the cob, tortillas, etc; I guess it’s safe to say that corn should also not be used for “pie in the sky”.
>>>>
>>>>The effects are already being seen in the price of meat. Have a look at the current price of chicken at your local store, and then look at it 6 months from now.
>>>
>>>
>>>Is a corn shortage anticipated? That's news to me.
>>
>>The price of corn has almost doubled in the past year as more ethanol plants have come online and the demand has gone way up.
>>
>>Here's some of the news:
>>Meat :
http://www.theregister.co.uk/2007/03/12/usa_corn_diet/>>Tortillas :
http://www.eluniversal.com.mx/miami/23758.html>>Soda :
http://money.cnn.com/2007/03/12/news/companies/coke.reut/>
>What's better... paying double the prices for corn (internal) or paying double the price for oil (external)???
I'm investing in corn. :)
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