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Re: High fuel, I love it.
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Posted by NEIADan on March 08, 2007 at 15:40:43 from (70.41.38.150):
In Reply to: High fuel, I love it. posted by IaGary on March 08, 2007 at 12:48:07:
High fuel has some shaky ground to stand on. Granted being a cattle feeder our profits never looked so good because of the cheap cost of feeders. But, I sit and watch many good cows going to slaughter because of the por feeder prices. spells out to be good in the short term. But my family likes to eat as do many others and high priced food is going to accelerate the conglomerate take over of our meat markets in this country. Lose the small guys and see how long Tyson will sell you affordable meat. The other consequence is how our economy is more vulnerable to a depressionary crash. What happens when the middle east decides to sell fuel at $40 a barrel. This false economy of the corn market suddenly drops land prices by 1/2 or more. Again opening the door for corporate farms who are better leveraged to buy the the small guy out for a quarter on the dollar. Of course they will be financed by foreign investors after the blood bath of ethanol plants and rural banks go under. We need fair markets but i vote to keep my consumer happy or soon I have no market
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