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Less corn planted

ratAphooey said: "Less corn planted in 2008. [url]http://biz.yahoo.com/ap/080331/planting_report.html[/url] What do you think this will do to prices?"

Heather said: "I think it will drive up prices, without a doubt. Corn is a staple in many homes and ethanol requires a lot of it. The last time I priced corn (it's out of season) at the grocery store they were charging $4.99 for 4 ears of it."

Rickster said: "Like all news, it was priced in within 15 minutes of its issue, if not before."

StockMan69 said: "[QUOTE=Rickster;66641]Like all news, it was priced in within 15 minutes of its issue, if not before.[/QUOTE] That is deep. Stupid though. But thanks."

AlfredSokol said: "Biomass is making the prices of all crops go up. There is no changing the fact in the next few years. Basic food is getting expensive."

StockMan69 said: "Has anyone seen one of these corn-eating cars yet?"

electronicsseller said: "of course the price will be driven up, people have to eat to supply their lives ,corn can be made into all kinds of food ,if there are less corn planted ,i believe there would be terrible ."

pranith said: "I think if there is a scarecity in the corn arises then sure that there will be increase in prices."

AlfredSokol said: "Corn is getting more scarce simply because of the attempts to use corn in biofuels. I have to admit that biofuels are starting to piss me off because they're nothing more than an idea that isn't working that great and it's causing food items to go up in price. It almost makes you think the food companies are pushing biofuels just to get more per item."