Sunday, May 1, 2011

Food prices are rising

Bringing home the bacon is harder they say. Food prices are rising. What do we get from corp execs. OK so it is more excuses. Basically, the reason is grain prices. Please remember that we are currently producing a lot of ethanol from corn. Due to substitution this drives up other grain prices. Hey, did I say drives up. Oil is also getting more expensive. This encourages us to use more ethanol fuel made from corn. Sadly, as a result we now have to pay more. Farmers must charge more for milk and eggs. The future price of eggs is going up.

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