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Corn and its Industry: The next tobacco

Posted on 28 October 2008

From Seekingalpha.com: Corn-based ethanol, which always was a mistake, is finally out of favor, and the crop price has fallen to $4/bu. This is just the beginning of a long-term secular decline in corn’s fortunes. First, the US fiscal wreckage will put pressure on its subsidy payments.

Far more important, the cost of US health care will turn the debate to the causes of poor health itself, and the fact of our underlying poor diet….. Full Article: Source


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VRS - who has written 39456 posts on Opalesque Commodities Briefing.


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