Bond said the price of corn, which is used as animal feed, is going up because of demand from ethanol plants that are springing up to provide alternative fuel sources to oil.
Corn prices recently reached 10-year highs.
"I believe the American consumer is going to have to pay more for protein. We are at new levels on corn that are not likely going to be retrenching back to '06 levels," Bond said in a conference call with analysts.
Bond said meat producers, processors and retailers will have to pass the higher grain price on to consumers because they cannot absorb it in their profit margins.
Bond did not provide more details but suggested the higher consumer prices could come when meat demand typically increases during the spring and summer.
"Quite frankly the American consumer is making a choice here. This is either corn for feed or corn for fuel, that's what's causing this," Bond said.
Whenever you hear the term "biofuel," think "mass starvation."
Godzilla mit uns!
Whenever you hear the term "biofuel," think "mass starvation."
Or at least the most plausibe excuse they can use. I'm sure there was a justifiable reason akin to starving the Ukranians in the '20s by the commies.
"Ye are of your father the devil, and the lusts of your father ye will do. He was a murderer from the beginning, and abode not in the truth, because there is no truth in him...." ------ John 8:44
Tyson foods is this country's leading employer of illegal aliens. Try to buy other brands when you can, I realize its hard - all of our food is controled by a handfull of companies; much like out TV stations, but we should still make an effort - especially when they raise prices.
I'm confused too. It says meat demand goes up in spring and summer? I would have thought meat use went up in winter when fruits and veggies are more scarce? I realize they're grown year round now, but I assumed meat would sell more in the colder months.
Doesn't effect me b/c I don't eat meat, but I am curious as to why demand is higher in a time of year it should (theoretically) be lower?
Doesn't effect me b/c I don't eat meat, but I am curious as to why demand is higher in a time of year it should (theoretically) be lower?
Because of one all-around America barbeque day?
American farmers can grow enough corn to pile it higher than the White House. But the farmers are paid for NOT PRODUCING goods as rice and others to keep the prices high.
Just as modern mass production requires the standardization of commodities, so the social process requires standardization of man, and this standardization is called equality.
Erich Fromm
American farmers can grow enough corn to pile it higher than the White House. But the farmers are paid for NOT PRODUCING goods as rice and others to keep the prices high.
They have the mechanical ability to do so, given sufficient fuels and fertilizers.
Here's a section from a recently published article over at Life After the Oil Crash:
http://www.lifeaftertheoilcrash.net/Archives2006/HeinbergFiftyMillion.html
The Mechanization Period (1920 to 1970): In this half-century, technological advances issuing from cheap, abundant fossil-fuel energy resulted in a dramatic increase in productivity (output per worker hour). Meanwhile, farm machinery, pesticides, herbicides, irrigation, new hybrid crops, and synthetic fertilizers allowed for the doubling and tripling of crop production. Also during this time, U.S. Department of Agriculture policy began favoring larger farms (the average U.S. farm size grew from 100 acres in 1930 to almost 500 acres by 1990), and production for export
The Saturation Period (1970-present): In recent decades, the application of still greater amounts of energy have produced smaller relative increases in crop yields; meanwhile an ever-growing amount of energy is being expended to maintain the functioning of the overall system. For example, about ten percent of the energy in agriculture is used just to offset the negative effects of soil erosion, while increasing amounts of pesticides must be sprayed each year as pests develop resistances. In short, strategies that had recently produced dramatic increases in productivity became subject to the law of diminishing returns.
While we were achieving miracles of productivity, agriculture’s impact on the natural world was also growing; indeed it is now the single greatest source of human damage to the global environment. That damage takes a number of forms: erosion and salinization of soils; deforestation (a strategy for bringing more land into cultivation); fertilizer runoff (which ultimately creates enormous “dead zones” around the mouths of many rivers); loss of biodiversity; fresh water scarcity; and agrochemical pollution of water and soil.
In short, we created unprecedented abundance while ignoring the long-term consequences of our actions. This is more than a little reminiscent of how some previous agricultural societies—the Greeks, Babylonians, and Romans—destroyed soil and habitat in their mania to feed growing urban populations, and collapsed as a result.
Fortunately, during the past century or two we have also developed the disciplines of archaeology and ecology, which teach us how and why those ancient societies failed, and how the diversity of the web of life sustains us. Thus, in principle, if we avail ourselves of this knowledge, we need not mindlessly repeat yet again the time-worn tale of catastrophic civilizational collapse.
The 21st Century: De-Industrialization
How might we avoid such a fate?
Surely the dilemmas we have outlined above are understood by the managers of the current industrial food system. They must have some solutions in mind.
Indeed they do, and, predictably perhaps, those solutions involve a further intensification of the food production process. Since we cannot achieve much by applying more energy directly to that process, the most promising strategy on the horizon seems to be the genetic engineering of new crop varieties. If, for example, we could design crops to grow with less water, or in unfavorable climate and soil conditions, we could perhaps find our way out of the current mess.
Edit: I disagree with his conclusion about genetic engineering. GM crops have been causing more problems than they presume to solve.
Godzilla mit uns!
Tell me then why in gods name the US government is paying farmers to NOT farm? I was talking to a guy from VA a few weeks ago who told me that his families farm is NOT growing corn because the Government pays them more than they would make growing corn...to NOT grow corn. I dont know much about the whole farmers thing but I assume the Jews are moderating the food prices somehow by using goyim tax dollars to pay farmers to not farm.
Tell me then why in gods name the US government is paying farmers to NOT farm? I was talking to a guy from VA a few weeks ago who told me that his families farm is NOT growing corn because the Government pays them more than they would make growing corn...to NOT grow corn. I dont know much about the whole farmers thing but I assume the Jews are moderating the food prices somehow by using goyim tax dollars to pay farmers to not farm.
You pretty much answered your own question. Yes, they pay them not to grow to control market prices of food grown.
Let this quote from the above article be written on the tombstone of humanity: In short, we created unprecedented abundance while ignoring the long-term consequences of our actions.
The number one law of politics. Create immediate abundance while ignoring the long-term consequences.