Want to invest? Buy RICE...

**GrouchyAdmin** · 04-26-2008, 04:28 AM

Got Rice, Bitch?

**sicone** · 04-26-2008, 04:37 AM

Want to invest.. rent a contest whore from some 3rd world country

big bucks YO

**lhizy_05** · 04-26-2008, 05:05 AM

We have it already!

**RTP** · 04-26-2008, 05:10 AM

yes, stockpiling already! price is off the hook right now! some places even limiting amount you can buy

**kaktuz** · 04-26-2008, 05:22 AM

crazy shit. ;( END of sushi?

**PornAdz** · 04-26-2008, 05:30 AM

yeah, like most of the club stores like bjs or sas

**farkedup** · 04-26-2008, 09:15 AM

Originally posted by PornAdz

yeah, like most of the club stores like bjs or sas

I love BJ's.... except when the girl has a nasty overbite....

**Probono** · 04-26-2008, 09:23 AM

Food is becoming a world wide issue for panic. Corn, Wheat and rice are all dramatically up and there have been food riots in more than one country.

The times they are a changin...

**baddog** · 04-26-2008, 09:27 AM

Originally posted by RTP

yes, stockpiling already! price is off the hook right now! some places even limiting amount you can buy

Yeah, you can only buy 200 lbs at a time. How will we survive?

**Ethersync** · 04-26-2008, 09:28 AM

Originally posted by Probono

Food is becoming a world wide issue for panic. Corn, Wheat and rice are all dramatically up and there have been food riots in more than one country.

The times they are a changin...

Part of the reason for the corn spike is Ethanol production apparently.....

"?It takes around 400 pounds of corn to make 25 gallons of ethanol..."
http://nysun.com/news/food-crisis-ec...climate-change

**yys** · 04-26-2008, 09:36 AM

Originally posted by Ethersync

Part of the reason for the corn spike is Ethanol production apparently.....

"?It takes around 400 pounds of corn to make 25 gallons of ethanol..."
http://nysun.com/news/food-crisis-ec...climate-change

Only about 5% of the corn crop is used to produce ethanol so it's effects are negligible but it makes for a good story.

**Ethersync** · 04-26-2008, 09:45 AM

Originally posted by yys

Only about 5% of the corn crop is used to produce ethanol so it's effects are negligible but it makes for a good story.

The article says the number is 30% which would be substantial. This could be an inflated figure just to sensationalize things or get a specific agenda across. Hard to say......

"An estimated 30% of America?s corn crop now goes to fuel, not food."

**themonk** · 04-26-2008, 09:48 AM

invest in your future .. buy things to dirty whores ; )

**Jon Clark - BANNED FOR LIFE** · 04-26-2008, 10:34 AM

Flour, sugar and seeds are a better investment... :2cents

**Jon Clark - BANNED FOR LIFE** · 04-26-2008, 10:36 AM

Peanut butter...

**DBS.US** · 04-26-2008, 10:44 AM

It's getting bad here in California, You have to get to the store when they open or you can't even get bread.

**The Judge** · 04-26-2008, 10:47 AM

the Chinese will eat you alive

**Due** · 04-26-2008, 11:03 AM

So we can expect a new war within the next 4-5 years, this time not because of chemical weapons (oil) but because of chemical weapons (rise)
Funny is that many farmers in the EU get extra ? from EU to leave their fields without crop because production is too high.

**yys** · 04-26-2008, 11:07 AM

Originally posted by Ethersync

The article says the number is 30% which would be substantial. This could be an inflated figure just to sensationalize things or get a specific agenda across. Hard to say......

"An estimated 30% of America?s corn crop now goes to fuel, not food."

Who's estimate is that?

I'm not going to dig it up but in the Potash corp conference call last week they discussed the run up in prices for various crops. The CEO mentioned that only 5% of the current corn crop is being used as feed stock for the production of ethanol and banning it's use would only have a minor effect on the current price. He attributed the majority of the price increases to a growing middle class in China, India and others and their increasing protein intake hence the need for more corn to feed the chickens, cows, pigs and such.

**CaptainHowdy** · 04-26-2008, 11:09 AM

Originally posted by Jon Clark

Peanut butter...

**Spunky** · 04-26-2008, 11:11 AM

All grains are a good investment

**GrouchyAdmin** · 04-26-2008, 12:00 PM

Paulite discovered.

**payd2purv** · 04-26-2008, 12:34 PM

It has been said over and over again that the decrease in rice is because of the increase in people growing corn for fuel... this is real..

Also apparently they had bad crops last year..

People are rioting for food because they have none because they can't afford it because the cost in transporting the food is too expensive because of the cost of oil.

If they would just cut the cost of oil and find a better source of fuel not corn....

It seems soo easy

**payd2purv** · 04-26-2008, 12:35 PM

Also I think Russia plans to start selling the US oil.. Dunno the timeline on this or if it will actually happen but...

RUSSIA SELLING US OIL!

Russias economy is SOARING compared to the US economy..

it's fucked up..

**farkedup** · 04-26-2008, 01:57 PM

the funny thing is corn makes very shitty gas which not only is less efficient but is harder on your engine YAY! end up getting less miles per DOLLAR all while long term hurting your engine.

**vending_machine** · 04-26-2008, 02:09 PM

Yeah, let's hoard food and make it even harder for 3rd world countries to survive.

**GrouchyAdmin** · 04-26-2008, 02:11 PM

Originally posted by vending_machine

Yeah, let's hoard food and make it even harder for 3rd world countries to survive.

...you're not seriously this stupid, are you?

**CurrentlySober** · 04-26-2008, 02:19 PM

Buy Poo...

I like poo

**OG LennyT** · 04-26-2008, 03:17 PM

Originally posted by yys

Who's estimate is that?

I'm not going to dig it up but in the Potash corp conference call last week they discussed the run up in prices for various crops. The CEO mentioned that only 5% of the current corn crop is being used as feed stock for the production of ethanol and banning it's use would only have a minor effect on the current price. He attributed the majority of the price increases to a growing middle class in China, India and others and their increasing protein intake hence the need for more corn to feed the chickens, cows, pigs and such.

I own POT and IPI

but yeah, that's what he said on the conference call

**RTP** · 04-26-2008, 08:30 PM

Originally posted by baddog

Yeah, you can only buy 200 lbs at a time. How will we survive?

restaurants investments wont when rice is a primary staple

**tony286** · 04-26-2008, 09:58 PM

went to panara and they had a sign they had to raise all their prices to cover rise in food costs. It all goes back to oil especially when you consider all the trucks that move the food around use diesel fuel which is the most expensive.

Want to invest? Buy RICE...

Want to invest? Buy RICE...

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