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Old 07-24-2007, 05:39 PM   #1
Bill Merchant
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Newsweek has a little article about how biofuel from corn is affecting prices of other things.

Beer: Bottom$ Up
Quote:
July 30, 2007 issue - Oil prices making fill-ups costly? That goes for mug refills, too. High-priced gas has farmers scrambling to plant corn for biodiesel—neglecting barley, the main ingredient in most ales. Low supply means barley prices are up 79 percent in 11 months. High demand for steel (used in kegs) and glass is also making brew costs froth over.[/b]
I think I'll contemplate fuel efficiency while I have a cold one...
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Old 07-24-2007, 07:12 PM   #2
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Think carefully about this, after the humor wears off (except for those that consider this a serious matter). For just a miniscule percentage of ethanol in our total fuel needs, all kinds of economic ripple effects are being seen in EVERY Grocery Store. I have a funny feeling that the "spotlight" on the Prius is going to get brighter.
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Old 07-24-2007, 07:19 PM   #3
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There have already been impacts, just not on the US Consumer. There have been noticeable corn shortages in Mexico - to the point of protests.
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Old 07-24-2007, 09:28 PM   #4
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it's not just corn.. there's shipping costs and even meats (since you gotta feed the animals some how)
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