Posted on 06/11/2007 9:20:03 AM PDT by Incorrigible
I chatted with a local homebuilder a week or so ago who was whinning that, with corn @ $4.00 per bushel, farmland was becoming too expensive to take out of production for development.
That is interesting.
Maybe there is a bright side to the corn increasing in value.
OH THE HUGEMANATEE!!!
Can I take a stqb at your projected prices? Bet $4.50 or close to it this year mark my word.
Tell me about it. :)
Not based on the prices I'm seeing for corn coming up from further south right now. $3.50 max, most likely $3.
I wonder why the drop? The drought has broken here and that is helping us.
The way that certain groups (i.e. Iowa corn farmers) are able to use the government as in instrument of plunder never ceases to amaze me.
No, they're responding to you sucking the government teet, you shameless parasite!
Government subsidies for corn are causing farmers to switch from barley and hops to corn. That, in turn, will make the former more expensive, which in turn will make beer more expensive.
But there may be a silver lining here. Could outraged beer drinkers become a powerful enough political force to counter the parasites of the corn lobby?
FIL is cashing in, too. He’s an astute businessman who makes an extra buck when he can. He usually does 1/2 and 1/2 corn and soybean. This year, it’s all corn because he’s certain the price of corn is going way up, as will the price of every corn-related product when the market is tapped dry for ‘fuel’ versus ‘food.’ *Rolleyes*
I think this ethanol stuff is flying below the radar of most people on either coast; certainly those in DC are clueless when it comes to this. Government is going to continue to subsidize it and it’s going to be forced upon us one way or another.
Who is behind all of this? Who is pushing for Ethanol other than Midwest & Corn-belt Socialist-agenda Governors? Big Ag? Monsanto? Round-Up Ready corn? It can’t be the oil people, and it can’t be the average farmer. Are Enviro-Wackos willing to “give up” so much land and green space to produce CORN, which takes a lot of gasoline and chemicals to produce in the first place? Won’t SOMEONE PLEASE think of the children? *SMIRK*
I’m corn-fused. ;)
$3.00 a dozen is close to the same price we had around here last year.
ROFLMSS!!!!! I think I may just go pick up some more corn when I'm in Southern States on Friday. A pound of seed corn plants a heck of a lot of row feet of sweet corn, and I've got plenty of space to till up more.........OTOH, I really do like my marriage :)
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