Major driver behind food prices is cost of inputs—check out land, fuel, fertilizer, seed, and pesticides. I wonder about your experience in agribusiness? Please enlighten me.
Ethanol is a huge poke in the eye to the oil magnates in the middle east, venezuela, etc. Ethanol is mainly captured sun energy just as oil is but on an annual basis instead of millions of years.
Last time I checked, fertilizer from the COOP had tripled from what I paid a few years ago. As a side note, I haven’t bought any.
I had hoped to try and revitalize this worn out land.
Having not experienced large-scale dirt farming first hand I, like many, refer to legitimate sources for furthering my knowledge on the subject.
I disagree that ethanol is a poke in the eye to OPEC. It is, rather, a poke in the eye and and insult to people who are capable of intelligent thought and discourse, which differs astronomically from our so-called central government nut-cases.
I have to ask, from what school of thought do you represent?