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Coffee Shop
gas and corn price 1961
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<blockquote data-quote="TexasBred" data-source="post: 515439" data-attributes="member: 6897"><p>Som's right. Any effect ethanol might have on corn is more psychological than anything. The American farmer has always fed the world and the world is becoming more and more densely populated and can't even start to feed itself. We have higher production per acre than ever but need more and more acres to meet demands. (supply and demand) Population has increased more than a billion since 1995. Somebody's gotta feed'em. </p><p></p><p>In the meantime folks in countries like China, India, Phillipines, etc. have thrown down their bicycles and bought cars. Oil demand is up tremendously in those countries. It's not just us and OPEC...it's the world and limited supplies of fossil fuel. Don't expect fuel to go down much either. That also means your fertilizer will stay high. Those same countries are buying up huge amounts of fertilizer. (supply and demand). Not to even mention steel, cement and things like that. These countries have become a force to be reckoned with. The USA can no longer demand anything. We take what we can get and at market price. (supply and demand). The shoe is now on the other foot.</p></blockquote><p></p>
[QUOTE="TexasBred, post: 515439, member: 6897"] Som's right. Any effect ethanol might have on corn is more psychological than anything. The American farmer has always fed the world and the world is becoming more and more densely populated and can't even start to feed itself. We have higher production per acre than ever but need more and more acres to meet demands. (supply and demand) Population has increased more than a billion since 1995. Somebody's gotta feed'em. In the meantime folks in countries like China, India, Phillipines, etc. have thrown down their bicycles and bought cars. Oil demand is up tremendously in those countries. It's not just us and OPEC...it's the world and limited supplies of fossil fuel. Don't expect fuel to go down much either. That also means your fertilizer will stay high. Those same countries are buying up huge amounts of fertilizer. (supply and demand). Not to even mention steel, cement and things like that. These countries have become a force to be reckoned with. The USA can no longer demand anything. We take what we can get and at market price. (supply and demand). The shoe is now on the other foot. [/QUOTE]
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