The Lansing State Journal reports today that Michigan's entire corn crop could soon be consumed by ethanol factories.
I wonder what we're going to eat? The price of chicken food (layer mash) was $7.50 last summer. Now, thanks to the futures market, that same bag costs $11. We can expect egg, milk, and meat prices to rise with the cost of feed.
The price of corn is a big issue already in Mexico, where the price of tortillas has more than doubled in the last year. In Africa, cornmeal is a staple, the main dish that each meal is built around. Here, corn is cheap, even at double the price. This week in the Leelanau Enterprise there was an ad for "Furnace Corn". Yes, with all these trees around here, some people are burning corn cobs to heat their homes.
Things will change if the ethanol boom holds up. I can't figure out why ethanol is all the rage but conservation is never mentioned.
But don't worry. Gas will be cheap, as we drive all around town looking for affordable groceries.