Thursday, August 16, 2012

There is a scourge 3 times larger than the drought affecting food prices. See it here in one easy chart...

The drought of the summer of 2012 is expected to result in the loss of 13% of the corn corp. This is widely reported as a disaster in need of immediate compensation. 

Forty percent (40%) of the corn crop will lost due to the Federal Ethanol Mandate (3 times as much as the drought).  This is narrowly reported as a problem and is ignored by politicians and policy-makers.

Why is this mandate still around, or at least modified? Just askin'...

Source: Coyote Blog
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