To: Wonder Warthog
There will be surplusses for American consumption...but we will still have to pay significantly higher prices. Thats because agricultural commodities (wheat, corn soybeans, etc) are global commodities and are impacted by droughts elsewhere and by monetary policy (Quantitative Easing).
14 posted on
02/17/2011 8:44:44 AM PST by
NRG1973
To: NRG1973
"There will be surplusses for American consumption...but we will still have to pay significantly higher prices." Temporarily, perhaps. But historically the American farmer has ALWAYS overproduced sufficiently to drive prices down, even in the face of seeming insurmountable demand.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson