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Re: Food Prices Up - A Result of Biofuels?

Re: Food Prices Up - A Result of Biofuels?

Submitted by ctyankee on Tue, 04/29/2008 - 15:40.

Charley,

  I'm sure you mean well by suggesting farmers plant food for the hungry...  And that decisions to plant whatever are based on the global need...

But do you realize what you're suggesting?  Communism, on a global scale!  I for one won't let a statement like that slide.  Who gets to decide what crops & how much are needed & where?  Who gets stuck growing the low value crops like millet & potatoes?

Every farmer should be free to grow what they want without subsidies, and according to what the free market demands!  That means if some fool farmer wants to plant 100,000 acres of tobacco & flood the market at $0.0001/lb then he can try and be allowed to fail his farm.  If ADM can grow corn cheaper than anyone else without subsidies, then they should.  As demand pulls prices up, supply will follow.

Truth is *everybody* wins, some win more, and some will fail, those that fail will adapt or die.  Sounds perfectly natural to me. 

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Food Prices Up - A Result of Biofuels? By: Joseph (16 replies) Tue, 04/22/2008 - 12:53