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Ethanol Curve & Wheat
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iseedit
Posted 2/21/2008 09:17 (#315579 - in reply to #315549)
Subject: RE: Interesting ~



central - east central Minnesota -

As you predicted and mentioned in this post, the media can give some pretty good black eyes -  Last evening national news had a piece on the price of wheat & flour. Had a small bakery shown that was paying $15 bucks for a bag of flour a few weeks ago. Now their price $40 bucks and climbing. The news cast went on to say the price of wheat has doubled causing the flour price increase - Tieing that to all farmers raising corn for ethanol production and not rasing wheat. Not looking good for farmers . . . .

Will the USA soon become an importer of wheat from the world as we currently do with oats? I can see the day, in my life time .

Again, thanks for your insite .

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