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Ethanol and Engineering
Message
From
12/03/2007 17:54:10
 
 
To
12/03/2007 17:50:21
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Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01202266
Message ID:
01202869
Views:
10
I screwed up. Meant this for JakeS...

>>>>>>>>>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. :)
>>>I've seen so many farmers get driven out of business because of bad prices. It's nice to see them have a chance to flourish.
>>
>>You and me both.

I think everyone would.
And I do think that "investing in corn" is a very smart move at this time, regardless of figures that say ethanol cannot possibly be produced in the volume needed to relieve oil dependence.

But much of the corn market is curently controlled by the big corporate "farms", who reap huge subsidies already from the government.
When you say "invest in corn", is it one of those that you will be investing in?
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