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After only one year of starting to sell e-85, has it thrown corn prices up 38%. As everyone knows corn is an important part of our food industry in everything.
Corn feed for cattle, pigs, and most farm animals for food, ingredient in most foods. This product is essential for most of our food industry.
Politians in congress have set a future goal of having the ability to produce some high amount ( somewhere in the billions of barrels) of corn for e-85 in a couple of years to meet demand. Lack of land and farming to make more corn(cornfields) to meet this demand is somewhere around t 30% of our already limited amount of land for farming. If you add that 30% draw from corn to our food industry to making fuels, this will force corn prices through the roof, along with all other foods associated with corn.
California itself has had a 13% increase in costs in food products and in the food industry in the last 6 months- guess why
and it will only go up from there and around the country, rising prices on everything else.
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