I love grilling and eating corn on the cob, so this past year has been a huge disappointment in that area.
Just a year ago, and even more-so two years ago, you could walk into any grocer and find corn on the cob. This year was different.
I could occasionally find COTC at our local grocer, but more often than not I had to go to the Virginia Beach Farmer’s Market. That was quite inconvenient unless I was going to the butcher too. Plus the price was much higher this year. So this year we did without much COTC.
Of course the reason is ethanol. It was failed attempt by those liberals in congress to pander to the mid-west farmers.
Next year will be different. We should have plenty of COTC to go around.
Ethanol plants are closing because the price to manufacture ethanol is prohibitively high. According to The Oil Drum, at just $7.24 per bushel of corn, ethanol costs $3 to produce one gallon. That’s cost. That doesn’t include getting it to the pumps or any profit.
With gasoline at about $2 a gallon, ethanol producers are making a loser.
The government needs to stay out of this and let the chips fall where they may. It was a loser to begin with, it’s cost us money, it’s been a waste of taxpayers money, it needs to go away.
I look forward to more corn on the cob next year. And less ethanol.