CORN, SOYBEANS KEEP CLIMBING AHEAD OF USDA REPORT

The definition of bureaucracy is unstoppable solutions to problems that don't exist...

>>> driving on someone else's credit card to a store to buy food you can't afford because you don't have a job.

here's a tip

buy sugar now


believe me or do your own procrastinated research .

water, ramen noodles and meat

ramen noodles = starch + wheat flour

I don't get why Americans eat so much corn and soybeans. I rarely eat corn, maybe i get an ear every now and then from the local farmers market. I also do not eat any products that have corn in them. These days I am into super grains like Quinoa and Millet. As for soybeans you do not want to be eating soy unless it's is fermented old school Japanese style. Soy is very bad imo. Corn syrup and soy is likely one of the major causes of US obesity epidemic.

I don't eat much corn either and I could get it for free if I wanted or any other vegetables really. It is used to feed livestock however and they all are tied into each other.

Good, now maybe they wont put high fructose corn syrup or soy(female hormones) in everything we eat

The Government is in a damned if you do, damned if you don't situation on corn. The only real thing they can do is stop the subsidy for Ethanol production, but that would put tens of thousands out of work, and the price of oil would go up by as much as 5 to 10%, potentially pushing the price of crude back above $100 per barrel again right before the election.

And they need to cut the subsidy now because corn harvest is already underway in the Southern States!!!

So do you let people starve, or do you win an election? Be interesting to see what Obama does here, a real test of his character...

Anything fried is gonna be really hard to pay for, all that fast food, fried chicken, anything that uses vegetable oil - it is ALL made from soybeans. Cereals, breads, meat, pastas, cookies, cakes, pies, sauces, gravies, anything breaded, pancakes, PIZZA - aaaaaaaaahhhhhh, please, don't raise the prize of pizza, haha. And what about dairy? Don't cows eat grain? And chickens eat grain, too, crazy. I smell some reduction in the obesity epidemic - it's almost ironic - we became sooooo fat that I wouldn't be surprised if an enemy nation used its scalar technology to manipulate us into this drought and food shortages. Although that is not my first assumption, just sort of a tongue in cheek idea.

To clarify, I mean that vegetable oil is made from soybeans, not the fried food itself, haha

Maybe. But for now the products just keep getting smaller while the prices stay the same.

Corn and soy are fed to the chickens, cows, pigs, and turkeys. No corn = no meat.

Corn is turned into corn syrup, which is used to sweeten everything. (In the US, sugar is artificially high due to government actions. But corn has been kept artificially low, do to government subsidies. So corn is in everything.)

You also need to realize that all grain prices will go up if corn is in short supply. If farmers can't buy corn, they will buy all the wheat/barley/oats/rye that they can get. The animals need to eat and they don't care which grain they get. With farmer's buying all the other grains, everything from your beer to your loaf of bread will go up.

I drove by a few fields of corn today, the entire field is brown, dead & ready to be harvested. Its WAY too early for this.

Corn is subsidised? Where are you getting your information from.. I'm in the heart of the midwest and corn country. Corn growers do not get any subsidies that I'm aware of.

The Ethanol producers do NOT get subsidies! Learn the facts!! It was the BLENDERS that received it.. in other words it was the Oil companies that received a 10% blenders credit. Besides that ended last year.

In Iowa, the percentage of the state in extreme or exceptional drought, rose from 30.74 percent last week to 69.14 percent as of Tuesday.

The amount of U.S. in drought conditions dropped 1 point to 78.14 percent but the extreme or exceptional rating rose 2 percentage points to 24.14 percent.

Bad times indeed.

I got an email from Steven Cyros at Mredepot.com today. He's usually a real upbeat guy and I don't remember him ever sending out an email sounding so concerned. Actually don't remember him sending emails for anything other than sales, specials, free shipping, etc.

The email was an advance warning on price increases. Significant price increases. Bacon could be a 35 to 40 percent increase. He says some meats will be impacted more than others.

I didn't email to ask if he minds if I reprint part of the notice, but I don't think he'd mind considering the importance. He said:

"I think you have probably already seen the news on the impact that the drought has had on the corn crop - and of course, corn is a major feedlot item for most meats, so we knew that we would be looking at an increase soon.

However, being so close to the supply chain side of most of the meats that we purchase, it was my understanding that we would see an actual reduction in meat prices in the near-term, BEFORE we saw an increase. I was hearing that this is because farmers would try to rush their livestock to market early in order to try and avoid paying much higher costs on the feedlot/grain market. The increase in supply SHOULD have driven prices down for a little while.

This just has not materialized. Much like news of gas refinery interruptions can bump gas prices without actually having any impact on supplies whatsoever (like the two refinery fires this past week in California that even though combined represent an impact of less than a quarter of a percentage point of the entire US supply, has still caused a sharp increase in gas prices nationwide in the last 48 hours), the meat market appears to be doing the same thing."

It falls in line with a short clip on the radio that said July prices in groceries were up 6 percent in July and expected to rise even more.

We may not get that reduced price on the livestock sell offs we've been talking about. Just a heads up for anyone interested.

When you consider how little of corn is used for nutritional products, as in corn on the cob/fresh corn etc. There's enough. When you consider how much of it is wasted...

Soy beans. So...? It's basically poison. It's bad for you before it got GM'd, sprayed with endless crap and grown in depleted/poisoned soil.

Don't get me wrong, I understand the knock-on effect, but eventually things would stabilize. All this mono-cropping and mass-production of such worthless food items needs to stop. Valuable resources get cut down to grow this crap.

Hhhmmm... Maybe I should stop ignoring the Omaha Steaks spam and order while prices appear to be low.