WhatFinger

Corn, Jatropha, Palm Oil, Rapeseed,

Another failing biofuel “miracle”


My wife is complaining about our increased costs at the supermarket. I remind her that every pound of meat, milk, and butter we buy requires several pounds of corn to produce—and biofuel mandates have shoved the corn price up from about $ 2 per bushel to $3.60. Many hog producers, dairymen, and egg farms have gone bust due to the inevitably higher cost of feed for livestock.
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