Quote:
Originally Posted by spence
Larry, I don't think you really understand how bad the corn crop is going to be this year. It's not just the floods, but there's been so much rain farmers haven't been able to plant or cultivate, and when they have the crops are growing like crap.
About a third of the corn crop goes to ethanol, which is used as an additive just about everywhere.
-spence
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I've read one report where farmers planted about 25 % more corn this year than last year so the hit isn't going to be nearly as bad as what makes for good stories on the 6 p.m. news.