You may remember last fall when I reported on a 6,000 mile trip through the midwest. One of the most striking things about that trip were the endless fields of corn in Minnesota, Iowa and Nebraska where soybeans once grew. The fields were vast and reached to the horizon.
The magazine The Week puts a price on this utter foolishness. Here is what they say today.
"Do biofuels raise food prices? Without a doubt. Forty percent of the U.S. corn harvest--enough to feed 350 million people for a year--now goes into ethanol production, which has increased 33% since 2008. The resulting spike in corn prices has pushed up the worldwide cost of meat, milk, and replacement crops like wheat, and soy."
Got the picture? Remember that it is your money going into the subsidies for the insane growth of corn for ethnol.
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