Andrew P. Morriss: Ethanol scam driving up food*prices

Discussion in 'Environment' started by daveman, Jan 15, 2013.

  1. daveman
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    daveman Diamond Member

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    Andrew P. Morriss: Ethanol scam driving up food*prices

    Read more from this Tulsa World article at Andrew P. Morriss: Ethanol scam driving up food prices | Tulsa World

    The mandate for corn-based ethanol also drives up food prices. Meeting the 2015 mandate will require using 5.3 billion bushels of corn. As a result of the forced conversion of corn to ethanol, any food containing corn - including pork, beef and ice cream - costs more.

    The National Council of Chain Restaurants estimates the ethanol mandate costs each of its members $18,000 per year. An inconvenience for wealthy people, rising corn prices are disastrous for the poor, at home and abroad. A Tufts University study estimated that Mexicans paid $1.5 billion more for food from 2006 to 2011.

    During 2012's drought, U.S. hog farmers imported corn from Brazil while U.S. corn was being made into ethanol. This is even more ridiculous than it sounds as Brazil is an efficient producer of sugar-cane based ethanol. Because of trade barriers designed to protect the U.S. ethanol industry, farmers were forced to import Brazilian corn instead of Brazilian ethanol. ​
     
  2. daveman
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    daveman Diamond Member

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  3. SSDD
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    SSDD Gold Member

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    Like they couldn't see that buring our food might drive up food prices and most hurt those who can least afford it.
     
  4. waltky
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    waltky Wise ol' monkey Supporting Member

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    People gonna start starvin' in India again if food prices don't come down...
    :eek:
    Rising Food Prices Harm India’s Poor, Middle Class
    February 20, 2013 — Major trade unions in India have called a nationwide strike beginning Wednesday to protest increased fuel costs, inflation and what they say are the government’s failed economic policies. Retail inflation, which hit nearly 11 percent in January, is affecting the country’s poor and middle class.
     
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    Then:
    Who owns Bob Dole?


    Now:
    Archer Daniels Midland: Recipients

    Money to Congress: 2012 Cycle
    Dems:[​IMG]$83,600
    Repubs:[​IMG]$147,001
    Others:[​IMG]$0
    Incumbents:[​IMG]$220,201
    Non-Incumbents:[​IMG] $10,400

    .
     
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  6. Mr. H.
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    Mr. H. Diamond Member

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    $7 corn and $14 beans. Must be nice livin' the life of the American farmer these days. They are practically given carte blanche when it comes to raping the environment, paid for not growing crops, granted floor prices and loan supports, and have an insurance program to cover their asses. Exporting millions of metric tons of grains each year while we pay record prices at the grocery store.

    But as we all know... on the 8th day... God made a Farmer.

    :lol:
     
  7. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    First, corn subsidies lowers the price of corn so that even Mexican Farmers can't compete and have to come up here to work. Then mandating Ethanol Fuel use jacks the price up so that people starve.

    Thank's Gov't!
     

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