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To: SeekAndFind

Ethanol fuel mandates have increased corn and grain prices by a factor of 3 or more since 2006.

The high cost of food grain is destroying the third world and driving starvation.


5 posted on 10/08/2014 8:09:57 AM PDT by rdcbn (21 plus)
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To: rdcbn

“Ethanol fuel mandates have increased corn and grain prices by a factor of 3 or more since 2006.”

Actually, corn is only up about 75% from 2006, with the price coming very close to production costs. Soybeans, which are not used to make ethanol and do not substitute for grains, are up about 50% over 2006, and are priced below production costs.


17 posted on 10/08/2014 10:52:41 AM PDT by VanShuyten ("a shadow...draped nobly in the folds of a gorgeous eloquence.")
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