I know, but I was working with the ag industry when GMO seed became widely used. The jump in food prices came before the use of ethanol was mandated. So GMOs being the only positive influence in keeping prices low doesn’t match the timeline of my experience.
There are so many factors influencing prices. I just know that despite buying less food our grocery bill has gone from 12-25% of our income in the past 10 years.
” So GMOs being the only positive influence in keeping prices low doesn’t match the timeline of my experience.”
GMO corn was first commercialized in 1996. In 95 the price per bushel was 3.44. In 2015 the price was 3.68.
” know, but I was working with the ag industry when GMO seed became widely used. The jump in food prices came before the use of ethanol was mandated.”
In 1947 the price of corn was 2.19 per bushel. In 2000 the price was 1.77. Obviously the jump didn’t occur before 2000 but AFTER 2000 when ethanol began the ramp up!
“World ethanol production for transport fuel tripled between 2000 and 2007 from 17 billion to more than 52 billion liters.” http://en.wikipedia.org/wiki/Ethanol_fuel
” I just know that despite buying less food our grocery bill has gone from 12-25% of our income in the past 10 years.”
Don’t put all the blame on the crops or the farmers. Farmers get only about 12% of the money and their share is dropping every year.