"The recent price increases in the flat corn bread, driven by soaring U.S. demand for ethanol fuel made from corn,..."
Is that for real or is this just another 'blame the US for everything' drum beat? What %'age of corn grown in the US is country actually goes toward ethanol versus a couple years ago? Do we really import it from Mexico? Come-on, some Freeper is probably personally responsible. Either that, or its Bush.
Nope, for once, this one's for real. It's not that we import much corn from Mexico. It's the other way around. With the price of oil hovering in the neighborhood of sixty dollars a barrel, ethanol is looking very attractive. Plants are going up all over the country. The predicted demand for corn and other feed stock for these plants is going through the roof and so the prices for these commodities are of course doing the same. Thus, it's all George Bushes fault. :)