Quote Originally Posted by WMAMOS View Post
Bragger,

You are mistaken. Do you eat pork? How about chicken? How about a greasy burger now and again? Eat eggs? Ever drink milk? Well, beef, pork, and poultry, in case you didn't know, also eat corn based products. You eat these products and so do the gazillion Chinese. You have livestock producers, food companies and ethanol giants competing for the same important ingredient.......corn. Its simple economics: increased demand increases costs. The rising demand for corn is driving grocery prices significantly higher. Experts have said that ethanol is responsible for approximately 40% of the increase in grocery prices.

http://www.shout.net/~bigred/Groceries.html


Here are some different reports:

http://www.napsnet.com/articles/58615.html

http://www.valleynewstoday.com/site/news.cfm?newsid=19782919&BRD=2703&PAG=461&dept_id= 555139&rfi=6

Interesting....in the above article they say there are only 8 cents worth of corn in a box of corn flakes. The majority of the cost is transportation, packaging, & markup. So....your corn could double in price and your corn flakes should only cost 8 cents more.

I guess you have to make a choice. Do you pay more for your gas(oil) and continue to be dependant on foreign supply that could cut you off at any time.....or do you pay more for your groceries and be energy independent. I think you already know my choice.....although you are right about the corn, we need to forget the corn and use the grasses or sugar cane like Brazil.

http://www.usatoday.com/money/world/2006-03-28-brazil-ethanol-cover_x.htm