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The Water Cooler
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Government Forcing Gas Prices Up So We Go Green?
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<blockquote data-quote="farmerbyron" data-source="post: 1482694" data-attributes="member: 4953"><p><a href="http://www.obpa.usda.gov/budsum/FY10budsum.pdf" target="_blank">http://www.obpa.usda.gov/budsum/FY10budsum.pdf</a></p><p></p><p><strong>[Broken External Image]</strong></p><p></p><p><strong>[Broken External Image]</strong></p><p></p><p>17% of $133b is $22.6b. This would include disaster payments as well as crop insurance not to mention programs like ACRE, SURE, NAP, and DCP. Those are all programs that pay individual farmers and not farm corporations. As you can see from the graph, the govt. has way too many people on the dole to want higher food prices. In fact, every time the USDA releases a market report, it is bearish and has a negative impact on the market. </p><p></p><p>Another thing to consider is that most of the corn grown in the US is genetically modified and cannot be used directly for human consumption. It's primary purpose is livestock feed and fuel. I personally don't think ethanol is the answer to our problems but every source of energy that doesn't come from the middle east is a good thing. I believe in an orgy of energy. Wind, nuke, oil, nat. gas, ethanol, coal, let's get it on and enough of dealing with the jackasses in the middle east.</p></blockquote><p></p>
[QUOTE="farmerbyron, post: 1482694, member: 4953"] [url]http://www.obpa.usda.gov/budsum/FY10budsum.pdf[/url] [b][Broken External Image][/b] [b][Broken External Image][/b] 17% of $133b is $22.6b. This would include disaster payments as well as crop insurance not to mention programs like ACRE, SURE, NAP, and DCP. Those are all programs that pay individual farmers and not farm corporations. As you can see from the graph, the govt. has way too many people on the dole to want higher food prices. In fact, every time the USDA releases a market report, it is bearish and has a negative impact on the market. Another thing to consider is that most of the corn grown in the US is genetically modified and cannot be used directly for human consumption. It's primary purpose is livestock feed and fuel. I personally don't think ethanol is the answer to our problems but every source of energy that doesn't come from the middle east is a good thing. I believe in an orgy of energy. Wind, nuke, oil, nat. gas, ethanol, coal, let's get it on and enough of dealing with the jackasses in the middle east. [/QUOTE]
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