tag:blogger.com,1999:blog-8964596045360803212.post5072551995228461533..comments2023-10-11T04:38:51.793-07:00Comments on Accept The Challenge: More Hat In HandChief Instructorhttp://www.blogger.com/profile/13604561415860237705noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8964596045360803212.post-48844823916310837742012-08-05T12:09:17.565-07:002012-08-05T12:09:17.565-07:00Anon 7:44 I've never understood the "logi...Anon 7:44 I've never understood the "logic" of turning food into fuel. If it was a free market, I'd say "Do whatever you want". But since it is a money loser without federal subsidies, it's just insanity.<br /><br />Anon 8:00 - yep, point well taken. When I started in banking back in 1977, there were north of 15000 banks. Now there are 7000 or 8000.<br /><br />But it also presents opportunity. I worked for a number of niche banks from 1989 to 2008. Because the Wells Fargos and BofAs were such behemouths, they couldn't offer the kind of service many businesses wanted.<br /><br />With farming, you've got small, specialty growers. Maybe it means that dent corn is all grown by the mega-ag businesses, but specialty sweet corn is done by the small shops. They are going to have to adapt to stay in business and stay successful.<br /><br />dakotas5/Anon 6:52 - I had heard that they were all worried about teh toxins, but it's kind of died down - at least what I've seen. The articles I scoped seem to say it was a possibility, but hadn't been found.<br /><br />I dunno.Chief Instructorhttps://www.blogger.com/profile/13604561415860237705noreply@blogger.comtag:blogger.com,1999:blog-8964596045360803212.post-16861995216648064252012-08-04T06:52:00.184-07:002012-08-04T06:52:00.184-07:00aflatoxin is a byproduct of fungus. Fungus grows ...aflatoxin is a byproduct of fungus. Fungus grows on grains when they are stored with too much moisture. This problem is not caused nor dependent on drought.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8964596045360803212.post-39024965379036556192012-08-03T08:24:59.758-07:002012-08-03T08:24:59.758-07:00A lot of drought stressed corn contains aflatoxin ...A lot of drought stressed corn contains aflatoxin which is poisonous to livestock but not gas tanks. I understand food price increases but the ethanol industry should have more grain, so why are fuel prices rising? BOHICARJIIIhttps://www.blogger.com/profile/03200753641660620810noreply@blogger.comtag:blogger.com,1999:blog-8964596045360803212.post-30447701757890510962012-08-03T08:00:16.703-07:002012-08-03T08:00:16.703-07:00With the big bank bailout it was defined as a &quo...With the big bank bailout it was defined as a "too big to fail". <br />If we let this go its course we will see smaller ranchers, farmers who could not afford insurance go belly up and ultimately their property will be purchased by large agribusiness. Thus, the small and weak are weeded out and the agribusiness gets larger. Ultimate end game? Just like the banks, large agribusiness owns all and the farmers and ranchers are just (serfs) employees....<br />Resistance is futile...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8964596045360803212.post-71886948818226421772012-08-03T07:44:11.816-07:002012-08-03T07:44:11.816-07:00Almost half of the corn raised in the U.S. is turn...Almost half of the corn raised in the U.S. is turned into ethanol. This was never a good idea it was simply more pandering to environmentalists and buying voters in farming communities. But with the poor corn production now would be an excellent time to end the corn to ethanol program. It wouldn't harm the farmers since they can sell all their corn at record prices. It would hurt the ethanol business but since it exists only because of subsidies perhaps the pain in necessary. It makes no sense to turn food into fuel.Anonymousnoreply@blogger.com