CORN, SOYBEANS KEEP CLIMBING AHEAD OF USDA REPORT

Sounds like another reason to up the fuel prices. Obama can't take the blame, blame the drought!

it's the perfect storm of inflation, drought, unemployment, and businesses raising their prices due to cost of business going up (obamacare).

rough times ahead

George Bush is the cause of the drought....

My god ppl, the United States exports ethanol? why are we exporting it? To keep food prices high? Wake the fuck up ppl.

Sounds right to me

The estimate is over 10 Billion bushels which exceeds exports and domestic consumption.

The problem is ethanol production. If we curtail ethanol production there is an adequate supply.

AND WHY ARE WE BURNING FOOD FOR FUEL ANYWAY??? THAT'S CRAZY!!!!

The good news is we might as well GM corn if we are going to burn it anyway - who cares what is in it!

Last Edited by Poriwoggu on 08/09/2012 02:47 PM

Back to the topic. I live in a prime corn region -- central Illinois. My neighbors are farmers and part of my ground is in corn. I can tell you exactly what the corn crop looks like here. In a good year this county will average about 190-200 bushels per acre. This year it will vary from near zero to maybe 85 bushels. The hill land has almost no crop to combine. The bottom land is better, maybe some might reach 100 bushels. That would have to be fairly low ground.

The USDA estimate for this county is 130 bushels per acre. That is laughable. I can walk right out my door and pick an ear, and I can assure you not even the good ground will average 130 bushels. Also, it's too late to make it better. The corn is finished. Ears are starting to drop. They are going to have to combine it soo or a lot of it will be on the ground.

Before everyone freaks out over this issue, please spend some time to research the facts:

Fact is, that ethanol production from corn for motor fuels leaves a residual by-product known as 'dry distillers grains', or DDG - the tailings left after the distillation process.

Another fact is that DDG is a better (healthier) feed source for livestock than whole corn.

We get the additional fuel source, and the farmer's animals get their feed - all out of the same crop.

Google can be your friend ...

Last Edited by MindShaft on 08/09/2012 04:15 PM

These businesses will have to adapt. Serve smaller portions. Most restaurants could cut portions and prices in half and there is still enough food to fill a person up.

That's commie talk.

If it gets really bad it will be dangerous to look well fed.

LOL

the struggling workers will be forced to fund more SNAP/foodstamp steaks and soda and candy and chips for obese mooches that they observe loading their full foodstamp=paid carts into newer nicer cars than their own...

Don't forget while talking on their iPhones!!

I despise Obama the PUPPET as much as anyone, but the shallow, simpleminded blaming of him is juvinile.

They are ALL controlled by corporations. Follow the money. The BIG money.

True

Prices keep going up, and yet the guberment keeps paying farmers to sell their corn for fuel instesd of food. Barry wont be happy until all the corn becomes fuel, and we all starve.

One tonne of corn produces 479 kg of WDG.

We get fuel and a little feed.

Last Edited by Poriwoggu on 08/09/2012 04:39 PM

Blah Blah Blah; yet everyone has a new car, and everyone is still at the gas station buying gas, and still buying shit they don't need, and food at grocery stores, and having a worthless job that helps no one, rather than doing something for themselves and others. People are still being fat jerks and pigs, and complaining about nothing and everything. You all get the doom you so rightfully deserve.

Last week my nephew(grocery sacker) watches as a lady checks out with a fully-loaded cart and pays with welfare card. He help to load her vehicle--brand new loaded Expedition with $5k of custom rims and tires. Spoke Spanish only. Disgusting!

Aren't you just a barrel of freakin joy?

I'm an American. It's my God given right to be a fat jerk with a bunch of stuff I don't need!

Is this you, Charlie?

That's a low blow SG.....not because he is fat....but because he is a libtard!

They can have my share, I dont eat the stuff.

other than the stab at obamacare (which is true) where i have i been "juvinile" and blamed obama?

Just wait until the crazies launch their 10% ethanol in diesel scheme.

maybe it will teach people to stop wasting food and eat less.