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Old 04-26-2008, 05:26 AM   #1
Lamis
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Want to invest? Buy RICE...

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Old 04-26-2008, 05:28 AM   #2
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Got Rice, Bitch?
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Old 04-26-2008, 05:37 AM   #3
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Want to invest.. rent a contest whore from some 3rd world country

big bucks YO
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Old 04-26-2008, 06:05 AM   #4
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We have it already!
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Old 04-26-2008, 06:10 AM   #5
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yes, stockpiling already! price is off the hook right now! some places even limiting amount you can buy
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Old 04-26-2008, 06:22 AM   #6
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crazy shit. ;( END of sushi?
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Old 04-26-2008, 06:30 AM   #7
PornAdz
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yeah, like most of the club stores like bjs or sas
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Old 04-26-2008, 10:15 AM   #8
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yeah, like most of the club stores like bjs or sas
I love BJ's.... except when the girl has a nasty overbite....
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Old 04-26-2008, 10:23 AM   #9
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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...
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Old 04-26-2008, 10:27 AM   #10
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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?
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Old 04-26-2008, 10:28 AM   #11
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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
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Old 04-26-2008, 10:36 AM   #12
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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.
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Old 04-26-2008, 10:45 AM   #13
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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."
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Old 04-26-2008, 10:48 AM   #14
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invest in your future .. buy things to dirty whores ; )
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Old 04-26-2008, 11:34 AM   #15
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Flour, sugar and seeds are a better investment... :2cents
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Old 04-26-2008, 11:36 AM   #16
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Peanut butter...
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Old 04-26-2008, 11:44 AM   #17
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It's getting bad here in California, You have to get to the store when they open or you can't even get bread.
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Old 04-26-2008, 11:47 AM   #18
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the Chinese will eat you alive
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Old 04-26-2008, 12:03 PM   #19
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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.
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Old 04-26-2008, 12:07 PM   #20
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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.
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Old 04-26-2008, 12:09 PM   #21
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Peanut butter...
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Old 04-26-2008, 12:11 PM   #22
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All grains are a good investment
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Old 04-26-2008, 01:00 PM   #23
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Paulite discovered.
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Old 04-26-2008, 01:34 PM   #24
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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
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Old 04-26-2008, 01:35 PM   #25
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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..
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Old 04-26-2008, 02:57 PM   #26
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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.
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Old 04-26-2008, 03:09 PM   #27
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Yeah, let's hoard food and make it even harder for 3rd world countries to survive.
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Old 04-26-2008, 03:11 PM   #28
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Yeah, let's hoard food and make it even harder for 3rd world countries to survive.
...you're not seriously this stupid, are you?
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Old 04-26-2008, 03:19 PM   #29
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Old 04-26-2008, 04:17 PM   #30
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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
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Old 04-26-2008, 09:30 PM   #31
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Yeah, you can only buy 200 lbs at a time. How will we survive?
restaurants investments wont when rice is a primary staple
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Old 04-26-2008, 10:58 PM   #32
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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.
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