Let Them Eat Cake

lehighguy · #1 08-12-2007, 12:12 AM

So I was talking to my dad the other day. He is a truck driver for Thomas's English Muffins. The big to do at the company is the predicted sharp increases in wheat (and thus bread) prices that are soon to come. Apparently, the government has decided to buy up a whole bunch of corn for thier ethanol projects. As a result, most wheat farmers are switching to corn to get in on this. So many, that they feel wheat prices are going to double. All for a really bad ethanol program.

So in the comming year when you can't afford bread...eat cake :P

Copernicus · #2 08-12-2007, 12:41 AM

time to buy some wheat futures?

Kaj · #3 08-12-2007, 12:41 AM

[ QUOTE ]
So I was talking to my dad the other day. He is a truck driver for Thomas's English Muffins. The big to do at the company is the predicted sharp increases in wheat (and thus bread) prices that are soon to come. Apparently, the government has decided to buy up a whole bunch of corn for thier ethanol projects. As a result, most wheat farmers are switching to corn to get in on this. So many, that they feel wheat prices are going to double. All for a really bad ethanol program.

So in the comming year when you can't afford bread...eat cake :P

[/ QUOTE ]

Does your dad have any opinion on the "govt must do something about gas prices" line of thinking?

I'm curious.

lehighguy · #4 08-12-2007, 12:47 AM

No

bobman0330 · #5 08-12-2007, 01:33 AM

Farmers really are destroying America.

EDIT: Corn-producing Minnesota recently passed a thoroughly bone-headed law requiring all gasoline sold in the state to contain at least 20% ethanol by 2013. This move is especially surprising considering that the vast majority of cars currently on the road were not designed with E20 fuel in mind and run the risk of failing catastrophically. Ugh.

Copernicus · #6 08-12-2007, 01:48 AM

thank goodness for global warming. We'll need the water from the glaciers for the 4:1 ratio of water consumed/ethanol produced

AlexM · #7 08-12-2007, 02:16 AM

[ QUOTE ]
Farmers really are destroying America.

EDIT: Corn-producing Minnesota recently passed a thoroughly bone-headed law requiring all gasoline sold in the state to contain at least 20% ethanol by 2013. This move is especially surprising considering that the vast majority of cars currently on the road were not designed with E20 fuel in mind and run the risk of failing catastrophically. Ugh.

[/ QUOTE ]

You're blaming farmers for what the government does? lol

lehighguy · #8 08-12-2007, 10:52 AM

They lobby government for this [censored].

bobman0330 · #9 08-12-2007, 01:58 PM

[ QUOTE ]
[ QUOTE ]
Farmers really are destroying America.

EDIT: Corn-producing Minnesota recently passed a thoroughly bone-headed law requiring all gasoline sold in the state to contain at least 20% ethanol by 2013. This move is especially surprising considering that the vast majority of cars currently on the road were not designed with E20 fuel in mind and run the risk of failing catastrophically. Ugh.

[/ QUOTE ]

You're blaming farmers for what the government does? lol

[/ QUOTE ]

I'm here all week. Please tip your waitresses.

wacki · #10 08-12-2007, 07:37 PM

[ QUOTE ]
Farmers really are destroying America.

EDIT: Corn-producing Minnesota recently passed a thoroughly bone-headed law requiring all gasoline sold in the state to contain at least 20% ethanol by 2013. This move is especially surprising considering that the vast majority of cars currently on the road were not designed with E20 fuel in mind and run the risk of failing catastrophically. Ugh.

[/ QUOTE ]

Converting a car from gas to ethanol requires the replacement of a couple of hoses and gaskets. That's it. Corn based ethanol is still one of the greatest scams/boondoggles ever though.