Corn prices climbed further into record territory Thursday after more rain doused the Midwest, leaving flooded corn crops deeper underwater and threatening livestock owners who depend on the grain to feed their herds.
There will be bigger increases in the price of food, which is going to hurt more people. The poor around the world have already been the hurt by the ethanol hoax. The current weather disaster is just going to make things worse for them and it might start hitting those in the middle class. What are the food banks going to do? They have had a hard time buying food plus they been dealing with more people utilizing their services. Is this going to be enough to make Congress repeal their stupid ethanol mandate? Is Congress going to listen to the cries of the poor and hungry or the environmentalist lobby?