Originally Posted by stockracer:
Anyone who thinks ethanol riases the price of their corn flakes is highly misinformed. We raise a couple of thousand acres of corn(and gov't says we-US has a surplus) and feed couple of thousand fat steers, due to by-products of ethanol processing our feed prices have dropped to 1/2 what they were before we had access to by-products. So cost of beef is more related to lack of beef in country(a couple of weeks ago, lowest slaughter #'s in over 50 years). Store prices are more because tranportation and co's. just wanting more $...
What does the price of ethanol by-products have to do with the price of the corn used to make corn flakes?
steiny
