Ladywriter 7,783 Report post Posted August 17, 2006 Posted on Sat, 12 Aug 2006 10:08:00 GMT | Author Darya Zarin WASHINGTON - Analysts in United States have cautioned that unless corn planting is expanded drastically, the country could be facing corn shortage by as early as 2008. Even as the U.S. Department of Agriculture estimated the first forecast of the fall harvest of the corn crop to be at 10.98 billion bushels, which is the third biggest harvest ever, the amount of corn consumed by U.S. ethanol manufacturers, food makers and livestock feeders could well lead to the corn stockpiles being depleted within two years. Mark McMinimy, analyst at Stanford Washington Research, said, "There's definitely need for more corn. Especially with the ethanol industry growing bigger and hungrier each year". Analysts say that even if the Agriculture Department's prediction turns out to be right, it will only postpone the corn supply crisis by a year. They estimate that around 85 million acres of corn should be planted next year, as they would need an extra 800 million to 900 million bushels of corn in 2007. As per the current consumption rates, analysts predict that stockpiles would go down by nearly 40 percent to 1.23 billion bushels by next fall. With the oil price increasing every week, motorists in US have been turning to ethanol, which is produced from renewable resources such as corn, sugar and soybeans. US ethanol consumes as much as 2.15 billion bushels of corn, which is about 18 percent of the total crop produced. http://www.earthtimes.org/articles/show/8103.html Look at the flowers Share this post Link to post Share on other sites
Pchan 5,162 Report post Posted August 17, 2006 Don't forget America also gains revenue from it's corn exports. When I was t the mountain cottage, all the locals sell American Corn as well, ofcourse at a premium price over the regular. Never knew corn would have impacted the oil reserves though ... I am putting myself to the fullest possible use, which is all I think that any conscious entity can ever hope to do. Share this post Link to post Share on other sites
Vincent 2,861 Report post Posted August 17, 2006 corn should be for eating! But can you save me? From the ranks of the freaks who could never love anyone... Share this post Link to post Share on other sites
DeathscytheX 9,732 Report post Posted August 17, 2006 Corn always seems to be our problem... it was partially responsible for the Great Depression. Looks like we need to go back to WWII production rates. The Government can stop paying Farmers to not grow corn now and let them pump up the output. GET A NEW FUNK ON BEFORE YOU GET DUMPED ON! Share this post Link to post Share on other sites
D_Marx 604 Report post Posted November 6, 2006 Or we could just pay more per bushel. That'd help out the impoverished majority of farming community. [corn doesn't cover all fuel expenses, though it'd be nice to switch to more economical means of transportation like hydrogen fuel cells] [sIGPIC][/sIGPIC] D_Marx Share this post Link to post Share on other sites
Gundam-Ranger-X 1,988 Report post Posted November 6, 2006 Oh noes! The cinema will be devastated! What will they overcharge us for now? Life tastes like kittens. I like kittens! Share this post Link to post Share on other sites
Ladywriter 7,783 Report post Posted November 11, 2006 19$ for a small popcorn Look at the flowers Share this post Link to post Share on other sites
Pchan 5,162 Report post Posted November 11, 2006 40 rupees for one small popcorn (equates to just a lil under a US dollar), speaks volumes of the shitty economy. Come over, and you could save hundreds of thousands of dollars X'D. I am putting myself to the fullest possible use, which is all I think that any conscious entity can ever hope to do. Share this post Link to post Share on other sites
