http://www.boom2bust.com/2008/04/01/are-americans-bio-fools/ "The Most Hated Blog On Wall Street" Thu, 08 Jan 2009 11:49:25 +0000 http://wordpress.org/?v=2.6.2 http://www.boom2bust.com/2008/04/01/are-americans-bio-fools/#comment-3976 Editor Mon, 17 Nov 2008 17:44:51 +0000 http://www.boom2bust.com/2008/04/01/are-americans-bio-fools/#comment-3976 Thanks for the comment Robert--- very insightful. Thanks for the comment Robert— very insightful.

]]> http://www.boom2bust.com/2008/04/01/are-americans-bio-fools/#comment-3950 robert reisner Sat, 15 Nov 2008 14:54:36 +0000 http://www.boom2bust.com/2008/04/01/are-americans-bio-fools/#comment-3950 while i agree with portions of michaels article,there are several oppossing points overloooked. one is that biofuels are not raising food prices,food processesors & retailers are. as a farmer,i can tell you that if it was'nt for the price increases due to the farmer led investment in biofuels,I many of us left farming would have thrown in the towel,We are already down to 1% of the population.corn @ 7.00 bu. is what is needed for a succesful grain farm, not the 30yr. low of 1.80 /bu. that was the norm in fall 2008,which no one talks about.Corn was 3.50 in 1976.Now in Nov. 2008,corn is 4.25,how does one explain that? I propose to you that whithout the price hikes to farmers,that food would quickley become even more expensive due to the final demise of our ag base,which has been hanging on with low farm prices since the 60's.What will we do then? Are we going to become dependant on foreign produced food like we are on oil? For all the talk of enviromental damage,do you know what really has a negative carbon balance? A former 100 acre field with 100 houses on it,with the attending yuppy population, who dont't want to get dirrty and grow there own food,and 200 cars and the pavement and ubiquitous stip mall ,and you get my point.Is biofuels the most effiecient right now? Perhaps not, but at least someone is trying,and its keeping american food producers providing you with food.Does anyone notice that with 3.00 corn, there is only 5.5 cents of corn in a box of cereal,so when it "skyrockets" to 6.00, now its 11 cents? So why does the box price go up to 4.00 from 3.00? People are so disconneceted from their food supply, the answer can't be discerned.If it wasn't for the increased crop prices,I would have stopped farming,and if that 40yr. trend continues, then the price changes in food due to biofuels will be insignificant compared to the prices dictated by the food conglomerates when our cuntry relies on food produced in foreign countries. while i agree with portions of michaels article,there are several oppossing points overloooked. one is that biofuels are not raising food prices,food processesors & retailers are. as a farmer,i can tell you that if it was’nt for the price increases due to the farmer led investment in biofuels,I many of us left farming would have thrown in the towel,We are already down to 1% of the population.corn @ 7.00 bu. is what is needed for a succesful grain farm, not the 30yr. low of 1.80 /bu. that was the norm in fall 2008,which no one talks about.Corn was 3.50 in 1976.Now in Nov. 2008,corn is 4.25,how does one explain that? I propose to you that whithout the price hikes to farmers,that food would quickley become even more expensive due to the final demise of our ag base,which has been hanging on with low farm prices since the 60’s.What will we do then? Are we going to become dependant on foreign produced food like we are on oil? For all the talk of enviromental damage,do you know what really has a negative carbon balance? A former 100 acre field with 100 houses on it,with the attending yuppy population, who dont’t want to get dirrty and grow there own food,and 200 cars and the pavement and ubiquitous stip mall ,and you get my point.Is biofuels the most effiecient right now? Perhaps not, but at least someone is trying,and its keeping american food producers providing you with food.Does anyone notice that with 3.00 corn, there is only 5.5 cents of corn in a box of cereal,so when it “skyrockets” to 6.00, now its 11 cents? So why does the box price go up to 4.00 from 3.00? People are so disconneceted from their food supply, the answer can’t be discerned.If it wasn’t for the increased crop prices,I would have stopped farming,and if that 40yr. trend continues, then the price changes in food due to biofuels will be insignificant compared to the prices dictated by the food conglomerates when our cuntry relies on food produced in foreign countries.

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