Monday, July 16, 2007

More ethanol bashing

It appears the London Times has jumped on the anti-biofuels bandwagon with their latest article. They claim that ice cream prices are rising because of increased milk prices, which is caused by higher corn prices.

This is false, and shows how the media doesn't perform their due research.

Yes, milk prices have increased, but primarily due to the increased worldwide demand of milk protein products. As many farmers can tell you, the market price of their output and the cost of their inputs have little or no correlation.

Of course, the British press wants to scare their citizens into thinking that their ice cream will be priced out of their reach due to us rich American Farmers and our desire to *gasp* make a profit.

Either the press is ignorant/stupid, or they have an agenda. Or both.


Blogger Rob said...

Now, you know the only purpose for farmers is to provide the state with food stocks for its citizens. No profit, other than what the government gives you in the form of subsidies, is allowed.

11:07 AM, July 16, 2007  
Blogger kevintracy said...

I'd rather pay more for milk and ice and have my money go to farmers than pay more for gas and my money go to terrorists and their supporters anyway.

There are some issues with ethanol, but the benefits far outweigh the costs.

12:54 PM, July 16, 2007  

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