Category: corn prices
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Drought and Corn Prices
I brought up the fact recently that a drought in the corn belt due to the La Nina currently in place could really affect the corn prices and affect the price of food for all of us. I got accused of only caring for this because of how it affects the beef market. I will…
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Iceberg
I see that my contention that food prices will rise because of ethanol production is not all hot air, it's starting to be seen.<br />n<br />n<a href="http://hosted.ap.org/dynamic/stories/M/MEXICO_EXPENSIVE_TORTILLAS?SITE=MTBIL&SECTION=BUSINESS&TEMPLATE=DEFAULT">Mexicans cope with rising tortilla price</a><br />n<br />n<blockquote>Soaring international demand for corn has caused a spike in prices for Mexico's humble tortilla, hitting the poor and forcing President Felipe…