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Corn prices break above the 2008 highs

By norcal24   Follow   Thu, 5 Jul 2012, 10:19pm   1,279 views   16 comments
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http://soberlook.com/2012/07/corn-prices-break-above-2008-highs.html

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1. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

   1   4:59am Fri 6 Jul 2012   Share   Quote   Permalink   Like   Dislike   Protected   Not surprising since it's starting to look like the summer of 1989:

2. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

   2   10:18am Fri 6 Jul 2012   Share   Quote   Permalink   Like   Dislike   Protected   At least oil keeps tanking.

3. CaptainShuddup Follow Befriend (1) 247 threads 4,683 comments

   3   10:24am Fri 6 Jul 2012   Share   Quote   Permalink   Like   Dislike (1)   Hey you know what this country needs? More ethanol!

4. zzyzzx Follow Befriend (9) 412 threads 4,116 comments Baltimore, MD

   4   10:33am Fri 6 Jul 2012   Share   Quote   Permalink   Like   Dislike   Explains why I haven't gotten any water in my basement so far this year.

5. PockyClipsNow Follow Befriend 19 threads 1,534 comments Los Angeles, CA

   5   10:36am Fri 6 Jul 2012   Share   Quote   Permalink   Like (1)   Dislike   I hate corn anyway. But i loves me some HFCS!!!

6. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

   6   11:03am Fri 6 Jul 2012   Share   Quote   Permalink   Like (2)   Dislike   Protected   PockyClipsNow says But i loves me some HFCS!!! It's good for you. Like Chromium.

7. errc Follow Befriend (7) 29 threads 1,203 comments 31 male Premium

   7   11:22am Fri 6 Jul 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected   My spaghetti squash aren't looking so hot Tomatoes jump out the gym in this dry heat Hey look at the brightside, everyones grass is dead, so no mowing. Weeeeeeee!

8. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

   8   12:46pm Fri 6 Jul 2012   Share   Quote   Permalink   Like   Dislike   Protected   And maybe we'll quit subsidizing corn-ethanol.

9. EBGuy Follow Befriend 4 threads 2,095 comments

   9   2:43pm Fri 6 Jul 2012   Share   Quote   Permalink   Like   Dislike   Hey you know what this country needs? More ethanol! I guess you prefer to send your petro-dollars to the Middle East.

10. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

    10   4:24pm Fri 6 Jul 2012   Share   Quote   Permalink   Like   Dislike   Protected   EBGuy says I guess you prefer to send your petro-dollars to the Middle East. No, it's just that I think it's stupid to convert fuel into food. [Edit: food into fuel] And it takes just as much (possibly more) energy to make a gallon of ethanol than you get out of a gallon of ethanol. We send most of our dollars to Canada now, not the Middle East anymore.

11. EBGuy Follow Befriend 4 threads 2,095 comments

    11   4:51pm Fri 6 Jul 2012   Share   Quote   Permalink   Like   Dislike   No, it's just that I think it's stupid to convert fuel into food. Why just yesterday I saw a cow grazing in a corn field. As I've shown elsewhere, the main energy content in ethanol (besides sunshine) is domestic sources (coal, natural gas, or nuclear). Your point is not lost on me, though. BTW, many people read the latest EIA numbers to mean that the US will be off Mid East oil by 2035. Part of this is due to substitution (eg renewables, switching out oil for natural gas, etc.).

12. lostand confused Follow Befriend (9) 160 threads 1,542 comments Premium

    12   4:54pm Fri 6 Jul 2012   Share   Quote   Permalink   Like   Dislike   Protected   Poor dairy farmers.

13. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

    13   4:58pm Fri 6 Jul 2012   Share   Quote   Permalink   Like   Dislike   Protected   Oops I meant "food into fuel." I've really got to get more sleep...

14. PockyClipsNow Follow Befriend 19 threads 1,534 comments Los Angeles, CA

    14   6:22pm Fri 6 Jul 2012   Share   Quote   Permalink   Like   Dislike   The diabetes drug manufactures have forecasted CHEAP HFCS into thier future revenue forcasts. By 2030 95% of america will have diabetes (huge windfall profits!!) If the price of corn goes up all this is in jeopardy, we need yet even MORE fed subsidies to make corn super super cheap. (otherwise stock market crash!!!! and pension plans fail!!) They should really pay you to eat that shit anyway (thats a good goal - eat corn and the feds cut you a check like maybe $100 per pound, this might be a productive use of welfare recipients. I cant think of anything else they can do.)

15. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

    15   3:00pm Sat 7 Jul 2012   Share   Quote   Permalink   Like   Dislike   Protected   God Bless America.

16. errc Follow Befriend (7) 29 threads 1,203 comments 31 male Premium

    16   9:57pm Mon 9 Jul 2012   Share   Quote   Permalink   Like   Dislike   Protected   PockyClipsNow says They should really pay you to eat that shit anyway (thats a good goal - eat corn and the feds cut you a check like maybe $100 per pound, this might be a productive use of welfare recipients. I cant think of anything else they can do.) please don't give anyone any ideas