Monday, March 7, 2011

Ethinol

I realize that corn prices are up.
Have you seen the price of fuel?

  My question is this, would you rather pay a lot for foreign oil, or more for local, renewable corn?  Keep in mind 2 things.  This country spends 10% of their income on food, while other civilized countries pay as much as 60%. Plus we export 20% of the crops we grow.  If crops can cover the cost of planting, American farmers will grow more.  We are not going to spend money putting fertilizer on a field for non-profit corn(nor would you).

You may not know that even though the cost of food is being blamed on ethanol or farm prices, the guy in the middle is currently bragging about the profits they are making.  Ask how much Dean is paying their CEO for profit margins.   Do you understand that their profit margin is equated by what we are paid, what it cost to get it to you, and what you pay.  Sorry you are also being squeezed by processors, but it isn't our fault, or under our control.  You might want to fire off some letters to your senator or  Monsanto, Dow, etc.

I don't claim to be a real political know it all, but I do know that we have American oil and American food.  I'd rather pay more for American than import from people who proclaim to hate us. 

1 comment:

  1. Interesting stuff. I should learn more about this debate.

    ReplyDelete