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Old 06-23-2008, 08:29 PM   #7 (permalink)
smith7629
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Re: Not Ethanol: China's change in meat consumption responsible for high grain prices

Quote:
Originally Posted by Cortazzo View Post
The solution,stop subsidizing uber-rich farmers in the USA, there is plenty of demand for their crops!!!!! Besides, corn is a lousy feedstock for ethanol, especially at these prices. In the next 5-10 years we will probably transition to more algae or more sugar rich crops as a primary feedstock for our biofuels.
Uber rich farmers? What planet are you from? I think we should educate ourselves on how subsidies work before we assume farmers are getting paid loads of cash from the government while the market is buying all the food products they can produce. Personally I'm glad there were subsidies in the past so the infrastructure stayed in place while the demand was low, and therefore was able to quickly adapt and perform when the market changed. Food production is a critical national resource that's worth spending government dollars on when the times require it.

Last edited by smith7629 : 06-24-2008 at 07:57 PM.
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