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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (244802)4/6/2008 8:43:26 PM
From: Ish  Read Replies (2) | Respond to of 793782
 
<<Come on, Ish. Don't play "Obama/Clinton" games with me. People were lucky to make a dollar a day in 1900. You know corn has gone through the roof this last year.>>

Yes it has gone through the roof. Two years ago it was still selling for what it sold for 100 years ago. Kind of a reverse bubble that popped. Prices on grain are demand driven and set by consumers and not producers. Demand is up and weather problems have caused a slump in supply. Farmers buy ay retail and sell at wholesale, you know of another business that works that way?

All in all you should be happy. Because of higher grain prices I won't get a cent of your tax dollars.



To: LindyBill who wrote (244802)4/6/2008 8:58:15 PM
From: kech  Respond to of 793782
 
Beans are in the teens too. Wheat is also sky high. And you can't plant corn on wheat land. They are not substitutes in the sense that Wheat would be high because corn is high. Wheat is high because of demand from China and quite a bit of the corn price is also high for that reason.


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