RIGHT NOW, Corn is $721.25 on the markets (100 Bushels).
The real problem isn’t going to be this fall, it’s going to be NEXT SUMMER as corn stocks deplete, and the feds still require 10% Ethanol in gasoline.
The price of corn (and hence Ethanol), is going to SOAR.
>The price of corn (and hence Ethanol), is going to SOAR.<
So the prices of the vast array of products made with high fructose corn syrup (think Coke, Pepsi, etc.) will go through the roof.
Mayor Bloomberg is rubbing his hands together at the thought.