Bump
Yay ethanol:
http://money.cnn.com/2008/03/19/smbusiness/Chernoff_pizza/index.htm?postversion=2008031912
At the Chicago Board of Trade a bushel, 60-pounds of wheat, now trades for more than $1100, more than two-and-1/2 times what it was just a year ago.
Why? You can lay part of the blame on ethanol. Huge demand for ethanol has farmers planting more corn to produce the fuel when they could be growing wheat.
“Ethanol was competing against wheat for acres in 2007,” said Joe Victor, grain analyst with Allendale Inc.
First time in history humans have taken a food crop and decided to use it for fuel. Looks like it’s working out real well. :picard:
Can we finally admit ethanol, at least from corn, is a huge mistake and should be outlawed?