Monday, April 26, 2010

And Big Corn Wants More!

Grassley of Iowa (!!) will support an increase in Corn-A-Holing you, raising the required ethanol content from 10% to 15%.

Nice of him.

U.S. meat prices may rise to records this summer after farmers reduced hog and cattle herds to the smallest sizes in decades, the result of surging feed costs linked to demands for more ethanol.

Wholesale pork jumped as much as 25 percent this month to 90.68 cents a pound last week, the highest since August 2008, U.S. Department of Agriculture data show. Beef climbed 22 percent this year to $1.6896 a pound on April 23, the most expensive since July 2008. Chicken’s gain in March was the most in 20 months.

And some think that Gummint is too small.

No comments: