This week a local news program stated that dairy products willsubstantially rise in price to the consumer (us).
We were told that milk will reach $5.00 per gallon (against $2-3 now?). Cheese will rise by 70% or more and other dairy items as butter, yoghurt will all cost much more.
It was then stated that the reason for these significant price increases is that as corn is now used to produce ethanol (for vehicle fuel) the cost of cattle feed has increased, therefore we must pay more for dairy products.
The news person made no comment regarding substantiation of those purported facts.
L.E. Fant is dubious that the increased cost, if any, of corn based cattle (or more particularly dairy cattle) feed is substantiation for doubling the price of a gallon of milk or the other increases described above.
L.E.Fant will ask his cattle expert, George, to provide facts regarding feed cost per gallon of milk produced, etc. When these facts are known L.E. Fant will provide them for us all to consider and take appropriate action.
Tower of London seen from the river Thames.
(L.E.Fant wishes the Tower were still used to incarcerate villains such as he those he exposes)
P.S. A gentle reader complained regarding the picture of rare roast beef and asked that it be removed forthwith as it offends. L.E.Fant has removed the picture .
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