> It is neither sides fault but I think food inflation will be an issue by election time.
I am concered what knee-jerck reaction both sides will do to come out 'winners' in the Charley Sheen sense of 'winning'.
If we truely are short a bit on feed supplies for the nextyear, congress, EPA, nor a president can't magically fill bins. They can do stuff to mess up prices, and that can mess up grain supplies into future years, along with most of the rural ecconomy.
Making all of us losers.....
Just heard a rumor on another site, EPA is thinking of looking into cutting the ethanol mandate 20% to help the situation if corn crop continues to deteriorate. Will sound good to some; but eliminating that much DDG's will create a need for 175 million bushels more soybeans - and soybeans are tighter than corn in the 'real' supply chain at this point.... If sugar prices remain high, Brazil will continue importing ethanol from us; We use fuel, cutting the ethanol will increase the petrol demand raising fuel price...
It all links together. Knee jerk changes by govt tend to have long tails, effects reach out tomany more people, lasts lots longer than intended....
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