why do people still believe ethanol is driving up the price of food.?

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mr. bruu

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the price of corn has fallen 50% in the past 6 months, but food prices are basially at the same level. the truth and the facts are that the oil companies, the Grocers Manufacturers Association and environmentalists have paid millions of dollars to a lobbying group in washington to put bad publicity out about ethanol, biodiesel and most alternative fuels because the oil companies do not want the competition. the oil companies courted the GMA and environmentalists to help them get there lies to the public. corn grown for food is NOT bad for the environment. if it is we need to stop growing it for food for humans and livestock. the jobs that have been created, the equipment manufacturers that have been revived and the most important thing is that all the money generated IS STAYING IN OUR COUNTRY INSTEAD OF CONTINUING TO FLOW INTO OTHER COUNTRIES. when responding to this question, please don't use the term, our land, our corn, because unless your paying the taxes or making land payments it's not your land or your corn. farming has been accused of polluting the environment ever since tree huggers were born, we never hear about how much fertilizers, pesticides and soil from constuction the non farming community is contributing to the streams and rivers. this is my answer to my question, let me hear yours. please give me an answer that will tell me why it is better to send our money out of the USA than to try to continue to make our biofuels more efficient and actually try and produce something in the USA and not import everthing. the automobile industry is a perfect example of why we have got to support products manufactured in the USA or we're all gonna end up working for china, japan, saudia arabia or some dictator.
 
i think you pretty much answered the question. i think lobbyists have really done a number here. i hear all kinds of storys about food price an protests overseas about using corn. ive heard that switch grass is more efficient anyway. the thing which you mentioned is that there is lots of money here and some people are trying to muddy the water. they should rot in a biofuel pit
 
dude, chill and use paragraphs.

Supply and demand coupled with a futures market is what makes corn go up, not lobbyist or whatever. The liberal dumbass news papers publish that a new bio fuels plant is going to be built and that the demand for corn will increase. Some farmer says to his broker, "Hey, I'll sell my crop in the future because I think the price will go up." This takes 10,000 acres of corn off the market. The food buyer says there is less corn available, I'd better raise my asking price.....

So the cycle goes. Then, somebody looks and says, heck, the price of corn is to high I can't sell it as ethanol, so they file for bankruptcy because they owe the bank money on the plant and they know they can't sell the ethanol. The farmer reads this and calls his broker and says dump my corn now before the price drops because the ethanol plant quit buying.

Eventually, investors and farmers calm down and the market stabilizes. The amount of corn going to fuel drops back to where it was before the GW scare and only bumper crops of corn are sent to make ethanol, which is good because making ethanol assure that there is always some place to sell it and not waste it or dump the excess corn in the trash..
 
dude, chill and use paragraphs.

Supply and demand coupled with a futures market is what makes corn go up, not lobbyist or whatever. The liberal dumbass news papers publish that a new bio fuels plant is going to be built and that the demand for corn will increase. Some farmer says to his broker, "Hey, I'll sell my crop in the future because I think the price will go up." This takes 10,000 acres of corn off the market. The food buyer says there is less corn available, I'd better raise my asking price.....

So the cycle goes. Then, somebody looks and says, heck, the price of corn is to high I can't sell it as ethanol, so they file for bankruptcy because they owe the bank money on the plant and they know they can't sell the ethanol. The farmer reads this and calls his broker and says dump my corn now before the price drops because the ethanol plant quit buying.

Eventually, investors and farmers calm down and the market stabilizes. The amount of corn going to fuel drops back to where it was before the GW scare and only bumper crops of corn are sent to make ethanol, which is good because making ethanol assure that there is always some place to sell it and not waste it or dump the excess corn in the trash..
 
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