If you think food, snacks, and soda prices are high now, hold on. You ain't seen nothing yet. Here comes even more inflation.

This is the worst corn crop in 17 years, but we have to keep producing ethanol to reduce our already limited supply of corn. Food prices will increase anyway, but the foodstuffs made from corn - and that's extensive - are competing with the ethanol use of it - and it is being subsidized by us the taxpayers.

Corn isn't labeled a "staple" without good reason.

There's the obvious corn on the cob and canned and frozen corn. Then there's corn flakes, corn pops, corn chex, and other corn cereals.

Now we add in corn syrup and high fructose corn syrup - and that goes just about everplace. Sodas, processed foods, mixes, snacks, lunch meat, hot dogs, and on and on.

Still we have to produce that ethanol which reduces gas mileage and fouls small engines. There is a great secondary business called Sta-bil that has emerged, but that shouldn't have been necessary. Clearly our priorities as a country are twisted.

Phooey on ethanol. We can't afford it - anyway you look at it.

 

──

 

For more information on my coaching and educational programs and services, visit my website or go to my other blogs "Steve Hoffacker's Home Sales Insights,""Steve Hoffacker's Success Quips," and "Steve Hoffacker's Sales Training Tips" for additional sales tips, insights, and commentary. Listen to my free podcast messages at "Steve Hoffacker's Happenings."

Steve Hoffacker - Sales Trainer, Author of Sales Books, Commercial Real Estate Broker, Marketing Consultant, Sales Coach, Blogger, Photographer, Motivator, Podcaster, and Teacher. - for Realtors, Real Estate Sales Professionals, Home Builders, New Home Salespeople, Entrepreneurs, Small Business Owners, and Independent Sales Representatives.

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6 Comments on Phooey On Ethanol!

AUG
10
1,029,193 Points 16 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Steve,

It is causing price increases and some problems here.  People in 3rd world countries are being starved because of it. I have nothing wrong with ethonal in a "Free Market" but it is a government boondoggle.

3:51pm • #1
1,756,863 Points 20 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Gene,

In a free market it would not exist for the reasons I enumerate. :)

Steve

4:28pm • #2
1,349,907 Points 38 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Steve

I think prices are going jump on just about everything.

Good luck and success.

Lou Ludwig

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6:12pm • #3
1,756,863 Points 20 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Lou,

We're already seeing it. Big jumps at the pump and the grocery. :)

 

7:16pm • #4
AUG
22
398,263 Points Outside Blog

Surprised none of the usual suspects have pointed out the corn ethanol comes from isn't a 'food' crop. Of course they aren't smart enough or they are just being disingenuous, to realize that the ground used to grow ethanol producing corn could be used for food corn. (Not to mention feed corn for livestock.)

12:08pm • #5


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Steve Hoffacker - Sales Trainer/Coach,   Sales Books Author, Photographer, Steve Hoffacker (Hoffacker Associates LLC) Ambassador_large

Steve Hoffacker - Sales Trainer/Coach, Sales Books Author, Photographer

Steve Hoffacker

West Palm Beach, FL

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