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| subject: | Re: ADM |
From: "John Beamish" It is almost certainly true. The US subsidises corn production to the tune of about US$9billion annually and, not surprisingly, produces about 40% of the world's output. The other thing to remember is that different grades of corn have different purposes so a blanket statement "imports its corn from the US" doesn't consider the end use of the corn imported (or exported). On Sat, 03 Feb 2007 23:35:52 -0500, Ellen K. wrote: > I'm surprised to read that Mexico imports its corn from the US... > anybody know whether this is true? > > On Wed, 24 Jan 2007 22:58:00 -0500, "Mark" wrote in > message : > >> I think I recall a few intellectual arguments against my disdain for >> using >> "corn for fuel." >> >> If I recall correctly those arguments were along the lines of "global >> energy >> generation transcends the minutia of food vs. fuel," because it's all >> the >> same thing in the end and taking corn off the food market to satisfy the >> transportation market was no big deal because lower oil prices would >> offset >> any effects... >> >> Perhaps those arguments were misplaced: >> >> http://www.chicagotribune.com/business/chi-0701130049jan13,0,5505881.story >> "Ethanol's effect: Expensive tortillas" >> >> I guess starving out the Mexicans is an acceptable trade-off for >> enriching >> the ethanol producers in the US? >> >> For me, I like Exxon/Mobil over ADM 8 days a week. >> > --- BBBS/NT v4.01 Flag-5* Origin: Barktopia BBS Site http://HarborWebs.com:8081 (1:379/45) SEEN-BY: 633/267 270 5030/786 @PATH: 379/45 1 633/267 |
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