RE: [RC] High Corn Prices............ - Kristen A FisherWhich has now become a circular argument. What started
this was a complaint about the cost of feed corn going so high. Someone else
mentioned why can't we just live in a nice capitalistic
society?
Government mandates on required ethanol usage skew the
capitalism part of it because it artificially increases the demand for
corn, thus driving up the price. In turn, we are seeing hay fields
converted to corn fields, etc etc. We are now seeing the
unintended consequences of the ethanol mandates.
While ethanol is a step toward finding energy sources
alternative to petroleum, it is not a particularly *positive* step - more like a
step sideways.
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