Understanding the Transition From Seed Corn to Biofuels

**COUNTRYBUMPKIN** · 03-22-2008, 07:02 AM

We are about to witness and experience the greatest sustained rise in grain prices seen in the last 30 years. This rise will include wheat, rice, and maize; these three comprising over 90% of all grains cultivated on the planet. Let's do some digging to figure out what is causing this sharp increase.

http://www.naturalnews.com/022873.html

**suki** · 03-22-2008, 03:07 PM

Dig no further than the commodities exchange. And, read the world news to understand there is a world-wide wheat shortage due to a fungus attacking the wheat in South Asia and droughts in Australia and Russia.

**M55FF** · 03-22-2008, 03:34 PM

this also brings into question the issue with genetically modified foods, as more supply means less demand and less demand means lower prices.

from the article:The Bush Administration's "20 in 10" program is at the root of the problem. The plan is to cut US gas consumption by 20% by the year 2010.
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yeah well seems the plan was to increase prices, and make it expensive so people use less.
that is kind of a bad way to go about cut consumption.

You post some good stuff county.