This story implies all the price increase is due to weather and ethanol production. It says nothing of increased demand worlwide, production issues elsewhere in the ward specualtion and other related problems. This aticle is too short and narrrow in scope.

Just a basic update on how weather is entering into the corn for food v.s. fuel debate. What is most interesting to me at the current article are the comments which often are intelligent--not that I'm surprised. Corn ethanol currently uses the grain, which is why those who want to poor to have food worry about it. Cellulosic ethanol, which would use the leftovers, has not been developed in the US for commercial purposes. Below I've linked to Biocycle's april 2005 article (via ... More »

Obviously this guy is invested in ethanol. He says nothing about ethanol from Brazil that would flood in if the corn reaches a high enough price to make it competitive in spite of the tariff of about 45 cents per gallon. Let's hope the government does not step in and raise the tariff higher to "save" the ethanol producers. It would be better if they all shut down. The entire program is a disaster promoted by an alliance of corn farmers, ethanol producers and the environmental lobby.