Thursday, April 7, 2011

Food Inflation

Shocking, just shocking.

Higher meat prices are linked to a rise in global prices for corn, soybeans, wheat and other commodities over the past year. Higher corn and soybean prices, combined with higher energy costs, prompted U.S. farmers to reduce the number of cattle and hogs they raise, tightening the supplies of beef and pork, and driving up the price to consumers.

Gosh....you mean if we use corn for fuel it might raise the price of all grains?  Holy Unintended Consequences, Batman!  So let's do more of it by increasing the ethanol mandate to 15%.

Oh...I don't buy that stuff (ethanol-enriched fuel).  The Tidy Car on 14 st. in Sheboygan has the real deal.  My truck loves it.

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