In response to:

Extreme Drought Hits Much of US; Ranchers Sell Herds as Feed Costs Skyrocket

Mike131 Wrote: Jul 15, 2012 9:35 AM
Gotta point to the ethanol junkies and wonder if all THOSE subsidies are a good thing, and couldn't that corn be used to offset feed costs. We own it. Can't we use it for feed rather than fuel?
Joseph64 Wrote: Jul 15, 2012 3:13 PM
Imagine all the water wasted on corn for ethanol and how it could be used by farmers and ranchers for other purposes. That is why we must end ethanol mandates.
RayTheAnarchoCapitalist Wrote: Jul 15, 2012 11:28 AM
Part of Obamacare is a higher mandate of ethanol in gasoline.

Corn, soybean and wheat prices have soared lately due to poor crop estimates amid extreme drought conditions in 26 states.

Let's take a look at those conditions, followed by charts of agricultural commodities

The Atlantic Wire reports U.S. Declares the Largest Natural Disaster Area Ever Due to Drought



AP Photo/Seth Perlman

The blistering summer and ongoing drought conditions have the prompted the U.S. Agriculture Department to declare a federal disaster area in more than 1,000...