>>>>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”.
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>>>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.
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>>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/Thanks for the info. I did not know that. You wouldn't know it from supermarket prices, that's for sure. Around here corn sells for anywhere between 10 cents and 25 cents an ear. (Which has to be the nutritional steal of the century). It's out of season now. Maybe I should be prepared for sticker shock this summer.