Arkieman":q88o10wq said:
Pretty interesting read. Pretty good ammo for the grass finished beef guys..
Seems hard to believe that the very grain that was supposed to save the world (energy-wise - Ethanol), could be the very grain that is killing us all!!
http://seekingalpha.com/article/102132-corn-and-its-industry-the-next-tobacco?source=yahoo
That supposedly authoritative article is so full of holes it is almost not worth replying to, but I guess it is important to point out a few. This appears to be a hedge fund article??? He is suggesting selling Deere, CNH and other stocks???? You think maybe he is short on these???
First of all - the author's primary thesis is that corn is responsible for obesity in the US. This is ridiculous and ignores a large number of complex things going on in society.
Are kids obese because of corn or because they don't play outside as much as we used to growing up. Is it corn's fault that kids sit in front of video games instead of playing outside? Is it corn's fault that US society tends to eat more fried foods like french fries at McDonalds rather than Mom's home cooked vegetables & caserole? Kids obesity is a problem but it is a complex problem and not the fault of corn.
Obviously I am on this board so I do raise beef and also corn.
Corn grain based ethanol does have subsidies - but far less than the US oil industry. Corn grain based ethanol, manufactured with newer processes and corn growing methods, does make sense from an energy balance standpoint. Ethanol does replace imported oil in a gasoline mix as well as eliminating some very hazardous gas additives it replaced.
More importantly, corn grain based ethanol keeps dollars and people in rural areas. Ethanol plants provide transparent local markets which are not subject to the vagaries of far away markets. There are towns with ethanol plants that can keep schools open, are building new houses and providing local jobs for local people. Corn ethanol bi-products such as DDG's serve useful purposes as feed and raw material for other products.
Corn can be used as a raw material for many different products. Yes much of it is used to make fructose. Is society going to stop drinking sweeten drinks? If corn is mandated out there will just be mostly imported sugar.
Economics are leading to cattle spending more time on grass, but unless the American public suddenly all turn into vegetarians, corn will continue to be one of our most important grains world wide.
That article evidently has an axe to grind somewhere and ignores a lot of facts to get there. jmho.