The rising price of corn is attributed to increased demand worldwide (food, livestock feed, and ethanol) and lowered supply, i.e., farmers cultivating less of the crop.
This explains why farmers have not grown enough corn to meet demand. At the moment wheat and soybeans are more lucrative.
My initial take on this news: Corn and its derivatives (e.g., high-fructose corn syrup version) are used to make everything from soda to plastics. Consequently, the price of corn-derived materials will rise. Try to avoid as much as possible foods with HFCS, especially soda and snacks. If you're inclined, grow your own corn. For example, popcorn. A nice array of popcorn and other corn seeds can be found here.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment