Big oil companies are buying grain futures and then selling them without ever seeing a kernal. This jacks up the price of corn.

Does big oil have ulterior motives buy corn futures?
You be the judge.

In recent news ( 4-14-08 )

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"The Montana Farm Bureau Federation has lashed out at media reports linking the rise in food prices to ethanol. MFBF President Dave McClure told Western Farm Stockman that "less than 10% of the U.S. corn crop is used for corn-based foods consumed by humans, such as corn meal, cornstarch and breakfast cereals," and that grains account for 2 percent of the cost of corn flakes and 16 cents of the cost of a loaf of bread. Runaway energy prices, he said, are the culprit."