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southern MN | Grain commodity prices would crash, food prices would not.
Thereby upholding the findings of those studies.
In the real world, grain prices have not gone up very much.
The value of the dollar fell a lot over the past 3 years, making bulk commodities - grains, crude oil, copper, steel, etc - look like they are costing us more.
Only until the effects of the drought on 2 continents are factored in, has the price of grains risen a little bit in the world ecconomy.
--->Paul | |
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Food price not related to ethanol
