On Tue, Mar 25, 2008 at 8:01 AM, <[EMAIL PROTECTED]> wrote:

> It's easy to see which is more important... feeding a pet theory that
> ethanol helps or working on world hunger... even thought the article is to
> PC to mention this major consumption of food materials.  It may be they
> don't really understand the idea behind supply and demand theory.
>
>
> http://www.comcast.net/news/articles/world/latinamerica/2008/03/24/Fighting.for.Food/
>
> --

------------------------------------------------

I read most of the article and they failed to mention the reasons for the
lower reserves or did I miss that?  2007 was a terrible year for weather if
you were a farmer world wide.  On top of that some acreage of food was
shifted over to ethanol production crops but that is minor compared to the
lackluster yield that farmers had in 07.

Adding insult to injury the cost of raw materials in farming went through
the roof making the selling prices soar.  That shifts the supply demand to a
new level outside of pure supply.  When poor cannot afford cans of corn
grits and are starving that is really placing a hardship on the hard pressed
nations today.




-- 
Stephen Russell
Sr. Production Systems Programmer
Mimeo.com
Memphis TN

901.246-0159


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