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To: Nathan Zachary
That comment defies logic.

If it's being subsidized, then it would be even cheaper.

Subsidies cause commodity prices to remain artificially low. I'd rather commodity prices reflect the actual cost plus profit of growing a crop and stop this government give away of billions of taxpayers dollars to supply the markets (and thus oil rich turd world countries) with cheap commodities.

Not at all. Think about it for a second. *Ethanol production* is subsidized. Not regular production. It's effectively a market control, which screws up the natural level of pricing(arable land that would otherwise go for human consumption is going for ethanol, making regular corn more expensive).

It's also driving up the cost of hops. Ethanol corn is more profitable that hops so the amount of hops produced is shrinking driving up the price.

42 posted on 05/13/2008 12:41:48 AM PDT by ketsu
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To: ketsu
Note he was talking about Corn being subsidized.

""Corn no longer is cheap, as it’s being subsidized for ethanol production!"

Not ethanol. And it's only plant construction and development that is being subsidized.

47 posted on 05/13/2008 12:54:00 AM PDT by Nathan Zachary
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To: ketsu
Hops production problems have been weather related problem which began long before this ethanol BS. (most GOOD hops are imported anyways)

Corn prices today STILL do not reflect actual COST of growing it, because there are STILL corn subsidies in effect.

Corn is around $4 a bushel right now. About $2 cheaper than it actually costs to grow it.(because subsidies depress market prices) The main cause of corn prices increasing are strictly fuel machinery and fertilizer costs. As are all commodity price increases.

49 posted on 05/13/2008 1:01:15 AM PDT by Nathan Zachary
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To: ketsu
There is no shortage of corn, no shortage of land to grow it on, and it does not take away from other crops.

And has nothing whatsoever to do with hops problems, which as mentioned, are mostly imported anyways.

If you actually researched the TRUTH of the matter, you'd learn these things.

51 posted on 05/13/2008 1:04:58 AM PDT by Nathan Zachary
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