Thursday, June 12, 2008

Corn hits record high ...

According to this story, corn hit a record high of $7.21 a bushel on Wednesday.

When I worked for the Daily Globe in Shelby, Ohio, I used to have to call somewhere every morning and get the price of corn and wheat and some other things. We listed them in the paper similar to stocks, although I can't recall what prices were then.

The story says the flooding in the midwest is one of the primary reasons for the price increase, although I have to wonder how much of the increase is due to the corn-to-ethanol market.

Another part of me wonders why God would smite the midwest? Afterall, I recall that was the reason for Hurricane Katrina was that those people were evil. But midwesterners are good God fearing Republicans.