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Thread: Flooding Backlash
          
   
   

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  1. 06-21-2008 11:40 PM #1
    roofcam's Avatar
    roofcam
    roofcam is offline CHR Member
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    Flooding Backlash

     



    Iowa Agriculture says that the crop (corn) losses this year will top $3 billion, due to the recent and ongoing flooding. Will we still be able to afford the Cheerios after that hits the food chain? A couple of ethanol manufacturing plants scheduled to start production in a few weeks have already pulled the plug, because the cost of the corn will be too high to make if profitable. What's next?
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  3. 06-22-2008 05:49 AM #2
    Dave Severson
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    That number must be for just Iowa, I would think with the tens of thousands of acres underwater on the other side of the river the total number would be much higher.....

    Hmmm...Maybe I should go buy another drum of ethanol before things get really crazy????
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  4. 06-22-2008 09:19 AM #3
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    mopar34
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    Dave, if I were you I'd forget the drum of ethanol and buy some solar panels. Unless of course the weather is calling for 6 months of darkness.

    Anyway, that drum you want has already been marked up at least twice as soon as the flooding started.
    Bob

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