I read yesterday in regard to the massive flooding occurring in Nebraska that corn farmers will likely be impacted so as to not be able to conduct their Spring planting. I realize that corn finds its way into a lot of food items on the grocery shelves. I also realize that many, if not most, of these corn farmers sell their corn for the making of ethanol that goes into our gasoline… not food. This trend has already caused the corn supply for food to increase in cost previously. So, now will fuel prices rise? Maybe I should have asked, will producers use that as an excuse to raise prices?
