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Sunday, July 06, 2008

corn crisis

Corn could hit $10/bushel this year due to flooding and production of ethanol. The corn crisis is important because milk and eggs are produced via feeding corn mash to livestock. Already corn is at a record high $7.58/bushel and rumour of it hitting 10 growing louder.

I predicted empty shelves on grocery stores in the future using Steven Gibbs HDR. Get ready for a combo of world hunger and food shortages.

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