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Beer Prices, Ethanol, And Unintended Consequences
By Mr Ethanol | July 6, 2007
Increased corn use puts a squeeze on other crops, opportunity cost and unintended consequences.
Beer Prices Come To A Head; Ethanol Blamed - News Story - WGAL Lancaster:
It’s the latest example of the trickle-down economics of ethanol — beer is getting more expensive.
Compared to this time last year, beer prices are up about 3 percent across the nation, according to the Labor Department. The increase marks the largest jump in more than two years.
One big reason, according to some brewers, is the rising cost of barley. A high demand for corn-based ethanol has many farmers devoting more fields to their corn crop and less to barley.”
Topics: Ethanol, Negatives, Prices |
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July 17th, 2007 at 5:29 pm
Nice post. I recently read that milk, cheese, and other dairy products are going to increase soon - they estimate around $1-2.00 a gallon for milk. It seems our corn production is being siphoned off for the ethanol projects and dairy farmers are having to pay more for supplementary feed.