Beam me to Planet Gore !
Posted on 06/10/2011 6:32:42 AM PDT by BfloGuy
By mandating 40% of our corn crop be dedicated to ethanol, we've created domestic shortages that may turn the U.S. into a net importer of corn and destroy our dominance in one more area of the world economy.
[...]
We are now reaping the unintended consequences of those decisions. Accepting as fact that American farmers are the most productive in the world, and also accepting as fact that the agriculture sector is one of the few sectors of the economy which is performing well, we’re still faced with a problem.
Coming off the third-highest corn harvest in U.S. history in 2010, the carryover (unsold corn still in the elevators) is a bare two weeks’ worth of grain at current and projected usage rates.
This is precariously low, the lowest in modern history. The only time the carryover was lower was in the 1930s — during the height of the Dust Bowl. [Emphasis in original]
(Excerpt) Read more at pajamasmedia.com ...
Speak of the devil.
The Missouri Valley, from Montana to the Mississippi, is experiencing ongoing flooding. A lot of bottom land will have a late crop, if any. Other grain crops will be affected by the weather as well, and the outlook for them isn’t particularly rosy, either.
Ohio farmers are also way behind in planting. Very, very wet Spring. Wettest on record.
Leave it up to our politicians to come up with stupid ideas like subsidized ethanol and burning up our food supply. Instead we should be drilling for oil and gas like crazy where ever we can find it and at the same time pull out all stops on research and development for alternate and inexpensive sources of fuel.
The only way for a nation to prosper and grow is when it has a plentiful supply of inexpensive energy. It certainly doesn’t take rocket science to figure out that the opposite holds true if we don’t. Unfortunately most politicians, especially liberals, are more interested on how to get one up on the opposition instead of doing what would benefit this country.
Corn food vs. fuel battle turns political again
“You’ll rue the day that you were born
For giving me the devil ‘cause I wouldn’t hoe corn.”
Alison Krauss
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