We don’t plant all the arable land in the US now, so your concern is invalid with respect to a rise in the price of food. We pay farmers now not to plant crops. Further, non-food crops will end up making biofuels - they are more efficient (e.g. switchgrass). Stop the Malthusian BS, it just isn’t going to work out like that.
LOL! I'll have to tell my broker and investment firms that chestnut.
You are absolutely uninformed as to the US commodities market.
It has made me rather well off, - as you might note in my homepage - and you would be very wise indeed to shed the thinking encapsulated in your last post like a dead skin.
The price of food is going to climb dramatically in the coming years and all of your uniformed thinking isn’t going to change that one bit.
I suggest that you study investments rather quickly before reality slams into you like a bull market going long in wheat. - my current positions, leveraged in LEAPS.
I would LOVE to see this, but I don't think that it's going to happen. There's too much political capital invested in corn and ethanol production. Switchgrass converts quite nicely to butanol, which is far better at producing energy in internal combustion engines that ethanol, but ADM and the farm lobby doesn't really seem to be interested.
Mark