SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (371866)2/24/2008 3:36:04 PM
From: combjelly  Read Replies (1) | Respond to of 1578544
 
"We are using an important food crop and livestock feed and converting it to ethanol. Couple that will the global failure of wheat crops in several parts of the world, price of certain foods is jumping like mad."

Which is similar to what happened in the 1970s. But then it wasn't corn and wheat. Then it was fish meal and soybeans that started the ball rolling.

Here are some graphs.

www4.ncsu.edu

Fish meal is commonly used as a protein supplement for a variety of uses, like animal feed. Soybeans can be used also. But, by the early 1970s, soybeans were being used for a lot of other things, too. So when the fish meal went away, there was strong pressure to substitute soybeans. But, that meant all those other uses for soybeans got starved. And the repercussions were enormous.