<u>A</u>s to how it will increase prices corn flakes is the base ingrients for beer, they use the flakes as mash on most lagers. On animal feed corn is between 16 to 30 percent in mixed or pellet feed, and a big part of the protein and carb count. Feed makes up 60 to 70 percent of operational costs. Corn is used because of subsidies to replace it will need to add fish meal or more soy along with wheat or other grain all which cost more and the soy and fish meal are toxic. All the bacteria that fix minerals to roots for plants have been upset.
Most processed food has corn in it I know most of us don’t eat much of it increased prices will mean they will eat less or move to another calorie intake.
You are 100 percent right the sellers will take advantage of situation to raise prices once again.
Question really is how to mitigate incoming price increases. Beef will go up due to hay shortage this winter many farmers sold off breeding stock to butcher because of lack of hay. It takes 3 years for a cow to be able to reproduce and 50 percent will be male. The food cycle will be impacted for 3+years and certain genetics will have been destroyed from sell off. All 18 month old non grass finished cattle are corn fed to put on the 1 inch at 13th rib to try for usda aaa quality for more cash. There will be more pressure on entire system remember California fires wiped out a ton of agriculture land.
If ever there was a year to start gardening I would say do it NOW.