As I point out on as many of these threads as possible: the price of food is going up because the price of diesel fuel is going up.
The ethanol market for corn is a side-issue, and has little carry-through into other markets aside from possibly eggs.
The diesel fuel issue, however, cannot be underestimated, but it is consistently ignored by these “analysts” that figure they know something about the ag sector. Since 2001, the price of off-road diesel has more than tripled. The US Farmer uses about 8% of all diesel fuel in the US consumption. Then there’s trucking costs that get added onto the farm inputs (fertilizer, seed, equipment shipping, etc) and onto shipping harvested crops. Wha-la: food inflation.
When you went to grandma’s house for Thanksgiving dinner, you probably got there by the grace of gasoline.
The turkey got there by the grace of diesel fuel.
The nerve of you...bringing cold hard facts into an ethanol thread!
/s
—as I have been known to comment, what makes our world work is the combination of copper, petroleum and three-phase electricity-—