Watch for the price of milk to go up too. If the price of grain goes up to feed the dairy cows the dairy farmers price the cost to the dairies and then to you.
Corn is mostly dryland farmed in the US too relying on only rain not unlike simple hay pastures (which are irrigated more often than cornfields, btw, because they are typically marginal farming ground). The "damage" of it is overblown. And really, what else are farmers going to grow? Lettuce? Beets? They have even more problems and require even more resources to grow. The only stuff that requires less are the bottom-end cereal grains like sorghum, rye, and barley. But nobody makes any money farming only them as they are typically used exclusively for livestock feed.
And Monsato did what else than sell gen crap to the farmers? I am glad that this bastards are out of the market here.
Yeah some of Monsanto's business policies are... questionable. Thing is though, gen crops are the only path we have to take if we wish to not throw so much resources (be it water or nutrients) at those crops.
And many people who I know work there, or are planning to, have an honest conviction that they are feeding the world.
----------Human nature is a bitch.Blame the bureaucracy and the lobbyists that are hell bent on profiteering rather than basic economics.
Maybe we can actually use real sugar in our sodas now.
I would almost take a bet that these evil companies can wager a cheaper price for their corn, if in fact, they are not the best crop. If you and I won't buy the corn at market value then those cash who have cash can offer a cheaper alternative. Point being, you will see a slight increase in price.
118F in Norton Dam, Kansas on Thursday. Damn.
We have had quite the hot weather. I like it, as long as the humidity stays down. Luckily most of the Wheat has been harvested.