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Guest
This is getting ridiculous… i’m up to 2.63 a lb for grande mozzarella…
Reason; ethanol(gasoline) derived from corn. Its just beginning. New ethanol refoneries are popping everywhere. they are taking a lot of corn from the food market. almost all of the food catagories are affected(controld) by corn price. Milk,cheesr,beef(corn feed for cows) soda(corn syrup) candy,cereal,burritos,tacos, you name it.This is getting ridiculous… i’m up to 2.63 a lb for grande mozzarella…
The cars are competing for human food now!
As with most trends like this that show surprise market influences, there will be a regression to the mean. As production ramps up, and more farm land is devoted to the new cash value of corn, the supply/demand curve will straighten itself out. AND if the government will ease off the corn subsidies, that will further incraese available corn in the marketplace.Reason; ethanol(gasoline) derived from corn. Its just beginning. <>
I believe the grocery, food prices are bound for massive price increase just like gasoline simply because we are putting our food in the tank now. and its just beginning :shock:
P. S. I do not recall the link. I red somewhere that just recently they had social unrest in mexico over tortilla prices skyrocketing and government had to intervene. same reason, US refineries buying their corn.
Code:The cars are competing for human food now!
You guys I really feel for. The restrictive evironmental regulations out there make a prettier place sometimes, but certainly drive up costs for goods and services. Every time a new energy production or lean air standard is passed, the utilities climb."As production ramps up, and more farm land is devoted to the new cash value of corn, the supply/demand curve will straighten itself out. "
I realy hope so. outrageous gasoline and elecricity in california prices never came back once they shot up.