Pages

Jump to bottom

13 comments

1 freetoken  Tue, May 10, 2011 6:48:50pm

Americans pay so much for packaging, advertising, and stocking/retail that changes in the basic food item are hidden many times. There are exceptions (fresh fruit) where I've seen the local prices over the past three years climb.

2 Killgore Trout  Tue, May 10, 2011 7:22:19pm

re: #1 freetoken

Americans pay so much for packaging, advertising, and stocking/retail that changes in the basic food item are hidden many times. There are exceptions (fresh fruit) where I've seen the local prices over the past three years climb.

I've been noticing meat prices lately. A leg of Lamb that would have cost 12 bucks last year is over 20 bucks now.

3 Mich-again  Tue, May 10, 2011 8:50:47pm

And one factor in rising prices for food is that we are mandating a big chunk of the US corn crop to be converted to ethanol so that we can leave our domestic oil that is sitting in the ground for the taking alone.

[Link: pathteacheroneword.blogspot.com...]

4 freetoken  Tue, May 10, 2011 8:57:32pm

re: #3 Mich-again

It's unclear to me what role the US ethanol mandate plays in the global food price. Obviously for the US price of corn there is a relationship, but world food prices are driven by growing demand, the cost of energy (oil), and weather/climate problems.

5 SpaceJesus  Tue, May 10, 2011 8:59:25pm

And when the fresh water crunch hits the developing world, it's going to be even worse. Rice requires a ton of water to grow, and with increased water scarcity, not only are folks not going to have access to fresh water but the price of rice is going to skyrocket further.

6 Mich-again  Tue, May 10, 2011 9:10:03pm

re: #4 freetoken

Well the USA is the biggest grower and the biggest exporter of corn so if we mandate 8+ billion gallons of ethanol that means that a significant chunk of the corn supply is "ear"marked for gas tanks, not dinner tables.

Shortages and gluts wreak havoc on the linearity of the supply-demand curve. It doesn't take a huge shortage to create a sellers market and skyrocketing prices.

7 Mich-again  Tue, May 10, 2011 9:12:25pm

re: #5 SpaceJesus

Agriculture and fresh water supply are strategic strengths of the USA.

8 SpaceJesus  Tue, May 10, 2011 9:25:08pm

re: #7 Mich-again

Indeed. Same with Canada. We are seeing water scarcity in the southwest though, and this needs to be met.

9 Killgore Trout  Tue, May 10, 2011 9:25:33pm

re: #4 freetoken

It's unclear to me what role the US ethanol mandate plays in the global food price. Obviously for the US price of corn there is a relationship, but world food prices are driven by growing demand, the cost of energy (oil), and weather/climate problems.

It's discussed in page 2 of the article....

At the same time, the United States, which once was able to act as a global buffer of sorts against poor harvests elsewhere, is now converting massive quantities of grain into fuel for cars, even as world grain consumption, which is already up to roughly 2.2 billion metric tons per year, is growing at an accelerating rate. A decade ago, the growth in consumption was 20 million tons per year. More recently it has risen by 40 million tons every year. But the rate at which the United States is converting grain into ethanol has grown even faster. In 2010, the United States harvested nearly 400 million tons of grain, of which 126 million tons went to ethanol fuel distilleries (up from 16 million tons in 2000). This massive capacity to convert grain into fuel means that the price of grain is now tied to the price of oil. So if oil goes to $150 per barrel or more, the price of grain will follow it upward as it becomes ever more profitable to convert grain into oil substitutes. And it's not just a U.S. phenomenon: Brazil, which distills ethanol from sugar cane, ranks second in production after the United States, while the European Union's goal of getting 10 percent of its transport energy from renewables, mostly biofuels, by 2020 is also diverting land from food crops.


I know this has become a wingnut talking point but in the past the US has been able to act as a buffer i the case of food crisis but we're now using that food as biofuels. Same with Brazil.

10 Randall Gross  Wed, May 11, 2011 4:50:10am

re: #4 freetoken

I wrote about this a couple of years back, but the world bank and UN have both confirmed that corn ethanol is impacting grain and other starch staple pricing. The wingnuts are ambivalent on this one because ADM and the other people pushing corn ethanol in the US are all big red state political lobbyists.

Energy price fluctuations also impact food pricing heavily because they are additive throughout the cycle. In one form or another energy is used for planting, growing, harvesting, transport, processing, storage, and sales of food. Each step adds energy costs.

11 Randall Gross  Wed, May 11, 2011 4:50:46am

pimf "world food bank" not world bank.

12 RogueOne  Wed, May 11, 2011 5:16:40am

re: #10 Thanos

I wrote about this a couple of years back, but the world bank and UN have both confirmed that corn ethanol is impacting grain and other starch staple pricing. The wingnuts are ambivalent on this one because ADM and the other people pushing corn ethanol in the US are all big red state political lobbyists.

This might come as a shock but not every issue is a left vs right argument. The fight over ethanol subsidies crosses party lines. (The Ryan plan in the house calls for the subsidy to expire.) The battle is between farm states and non:

PRO:
Ethanol credit/tariff elimination amendment offered
[Link: westernfarmpress.com...]


Senators Coburn, R-Okla., and Feinstein, D-Calif., have filed an amendment that would eliminate the 45 cents/gallon blender’s tax credit and the 54 cents/gallon tariff on imported ethanol. Sen. Coburn said the credit costs $5 billion a year.
.....
Sens. Cardin, D-Md., Webb, D-Va., Burr, R-N.C., Collins, R-Maine, and Risch, R-Idaho, are co-sponsors.

In March, Sen. Coburn made an effort to introduce the legislation but was blocked by Senators who support the ethanol tax credits, protective tariffs and the consumption mandate. Majority Leader Reid, D-Nev., reportedly then agreed to allow a vote on the proposal at a later date but with the condition that it will require a two-thirds majority for adoption.

CON:
Corn Belt Senators Defend Ethanol Subsidies
[Link: green.blogs.nytimes.com...]


A bill introduced in April by Charles Grassley, Republican of Iowa, and Kent Conrad, Democrat of North Dakota, would extend the measures until 2015.
.....
The letter was signed by 16 senators, including Al Franken, Democrat of Minnesota, and John Thune, Republican of South Dakota.

13 Randall Gross  Wed, May 11, 2011 5:45:33am

re: #12 RogueOne

Nope, well aware of that oil vs. ethanol dynamic. If the Dems were smart they would capitalize on more of the regional schisms (e.g. there's also a west state / mid state divide, and some splits on transport in mid sized city regions.)


This page has been archived.
Comments are closed.

Jump to top

Create a PageThis is the LGF Pages posting bookmarklet. To use it, drag this button to your browser's bookmark bar, and title it 'LGF Pages' (or whatever you like). Then browse to a site you want to post, select some text on the page to use for a quote, click the bookmarklet, and the Pages posting window will appear with the title, text, and any embedded video or audio files already filled in, ready to go.
Or... you can just click this button to open the Pages posting window right away.
Last updated: 2016-01-01 10:29 am PST
LGF User's Guide RSS Feeds Tweet

Help support Little Green Footballs!

Subscribe now for ad-free access!Register and sign in to a free LGF account before subscribing, and your ad-free access will be automatically enabled.

Donate with
PayPal
Square Cash Shop at amazon
as an LGF Associate!
Recent PagesClick to refresh
Avenatti: “Cohen Just Got 3 Years. Donald Trump Is next.” Michael Avenatti is taking no prisoners: "Michael Cohen was sentenced today," said attorney Michael Avenatti, who noted Cohen will report to prison on the same day a lawsuit was filed on behalf of adult film star Stormy Daniels. "Donald ...
Khal Wimpo (the extinguisher of tiki torches)
2 hours, 12 minutes ago
Views: 58 • Comments: 0 • Rating: 0
Tweets: 0 • Share to Facebook
Shares: 0
Comments: 0
: 0
Day After Neo-Nazi Is Convicted of Murder, Associates of a Violent Skinhead Group Charged With Hate Crimes Travis David Condor, a member of the band Birthrite and head of hate-music record label American Defense Records, was among nine people arrested at a bar in Lynwood, Washington, early Saturday morning. The Snohomish County Sheriff's Office said in ...
Thanos
3 days, 3 hours ago
Views: 285 • Comments: 0 • Rating: 0
Tweets: 1 • Share to Facebook
Shares: 0
Comments: 0
: 0
Embattled Washington Rep. Matt Shea Is Skirting State Law to Funnel Campaign Funds to Far-Right Groups Shea uses his office and campaign funds to spearhead a partitionist effort to split Washington into two states, and may have violated state laws by using surplus campaign funds to make at least $5,500 in contributions to far-right nonprofit ...
Thanos
3 days, 4 hours ago
Views: 188 • Comments: 0 • Rating: 1
Tweets: 1 • Share to Facebook
Shares: 0
Comments: 0
: 0
The Outer Worlds - Official Announcement Trailer Watch the official announcement trailer for The Outer Worlds, a new single-player first-person sci-fi RPG from Obsidian Entertainment and Private Division. In The Outer Worlds, you awake from hibernation on a colonist ship that was lost in transit to ...
Thanos
3 days, 17 hours ago
Views: 173 • Comments: 0 • Rating: 0
Tweets: 1 • Share to Facebook
Shares: 0
Comments: 0
: 0
The Umbrella Academy When it rains, it pours. Here's your first look at The Umbrella Academy. Coming to Netflix February 15. A dysfunctional family of superheroes comes together to solve the mystery of their father's death, the threat of the apocalypse and ...
Thanos
3 days, 18 hours ago
Views: 158 • Comments: 0 • Rating: 0
Tweets: 2 • Share to Facebook
Shares: 0
Comments: 0
: 0
Elvis Costello & the Imposters - Suspect My Tears The new deluxe album ‘Look Now’ out now, order here: elviscostello.lnk.to Explore more music from Elvis Costello: lnk.to Follow Elvis Costello:Facebook: facebook.comInstagram: instagram.comTwitter: twitter.comWebsite: elviscostello.com Director & Original Story - MustashrikExecutive Production - Whitney JacksonProduced by Partizan VFX Supervisor ...
Thanos
3 days, 19 hours ago
Views: 215 • Comments: 0 • Rating: 0
Tweets: 1 • Share to Facebook
Shares: 0
Comments: 0
: 0
VULFPECK /// Half of the Way (Feat. Theo Katzman) VULFPECK /// Half of the Waybuy on bandcamp → vuuulf.com Theo Katzman — vocalsLarry Goldings — piano, composerRyan Lerman — guitar, composer, engineerJoey Dosik — saxWoody Goss — tambourineJack Stratton — drums, mixingJoe Dart — fender bassCory Wong — ...
Thanos
3 days, 19 hours ago
Views: 133 • Comments: 0 • Rating: 0
Tweets: 1 • Share to Facebook
Shares: 0
Comments: 0
: 0
Storyhill - Blazing Out of Sight (Live at Radio Heartland)Storyhill perform "Blazing Out of Sight," from their 2007 self-titled album as well from the 2018 compilation, "Stages," live at Radio Heartland.
Thanos
3 days, 19 hours ago
Views: 151 • Comments: 0 • Rating: 0
Tweets: 1 • Share to Facebook
Shares: 0
Comments: 0
: 0
How Smooth Jazz Took Over the ’90s You should give smooth jazz a chance. Subscribe to our channel! goo.gl Smooth jazz has gotten a bad rap for decades. It’s often associated with background music for elevators or the soundtrack at the dentist office. Smooth jazz is ...
Thanos
5 days, 5 hours ago
Views: 178 • Comments: 1 • Rating: 1
Tweets: 1 • Share to Facebook
Shares: 0
Comments: 0
: 0
Feds Target Butina’s GOP Boyfriend as Foreign Agent Paul Erickson, a longtime Republican politico whose Russian girlfriend is in jail on charges she acted as a covert foreign agent, has been informed that he may face similar accusations. The Daily Beast reviewed a so-called “target letter” that ...
Thanos
1 week ago
Views: 257 • Comments: 1 • Rating: 0
Tweets: 1 • Share to Facebook
Shares: 0
Comments: 0
: 0