[Dems2008] Re: Inflation: Corn Shock

This one of the reasons I am not in favor of bio fuels. Obama
specifically mentions a fund for bio in his environmental policy. We
need to look in other directions like electric and hybrid vehicles.

Sandra

In Dems2008@yahoogroups.com, "citation502" <citation502@...> wrote:
>
>
> Corn being a major part of our food supply (directly, and as feed
for
> livestock and an ingredient in other products), here is what one
member
> in my investment group observed this week:
>
> ----------------
>
> I raise a couple hundred pheasants and 120 chickens every year. Last
> August I bought whole corn for $8.75 per 100 lbs. Today I paid
$12.50 -
> a 43% increase. Glad I'm no longer feeding two hogs each year.
Going to
> be an expensive year on the animal feed front.
>
> Archie
>
> [FOOD of course is EXCLUDED from meaurements of "core" inflation"]
>

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