Courtesy of Joshua M Brown, The Reformed Broker
Farmer Brown here…
Big Picture Agriculture brings us a snippet on grain consumption from an article by Lester Brown (no relation) entitled The Great Food Crisis of 2011. I just had to share it as it demonstrates the twin horrors of foolish ethanol policy along with ever-rising food prices:
In the United States, which harvested 416 million tons of grain in 2009, 119 million tons went to ethanol distilleries to produce fuel for cars. That’s enough to feed 350 million people for a year…. The combined effect of these three growing demands is stunning: a doubling in the annual growth in world grain consumption from an average of 21 million tons per year in 1990-2005 to 41 million tons per year in 2005-2010. Most of this huge jump is attributable to the orgy of investment in ethanol distilleries in the United States in 2006-2008.
Head over to Kalpa’s site for more below.
Source:
In The News (Big Picture Agriculture)
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