November 22, 2009
   « Immigration Agents Selling Out America To Terrorists | Blog Home Page | When dullards run enemy propaganda (updated) »
Email Friend | Print Article | Share Share

August 15, 2007

The Ethanol Follies (a continuing series)

Ed Lasky
Heinz reported good earnings today, but warns that future profits will be impacted by
"unprecedented" commodity price increases, with sweeteners, packaging, tomatoes, potatoes and meat rising.
High corn prices, boosted by demand for ethanol, are driving the price of sweeteners (high fructose corn syrup) and meat (corn-fed cattle and pigs). Inflationary pressures will intensify and sooner or later there will be job losses.

Posted at 12:39 PM | Email | | Share Share
ATsupport2.jpg