[Wayne Maybury]

I posted earlier that due to the increased demand for corn caused by all the new fuel alcohol plants, the price of corn would surely increase. Well, I checked it today and corn has gone up from about $2.00 per bushel 2 months ago to $3.30 yesterday. While this is not an all time record price, it is more than a 60% increase in about 2 months. This is an example of supply and demand at work in a free market environment. Demand is projected to continue to increase as more fuel alcohol plants are being built, so guess where the price of corn will be going? This will not only effect the cost of fuel alcohol production but it will also increase the cost of many items including animal feed which will result in higher meat prices.

Wayne