Corn in the USA

Ethanol subsidies have contributed to some serious shortages in grains. Rice is just one example:

“As shocking as it sounds, The New York Sun reported Monday that the global rice shortage has struck home. American citizens have begun to experience food rationing in our rich, blessed country.

“Due to the limited availability of rice, we are limiting rice purchases based on your prior purchasing history,” read a sign above a shrinking rice supply at a Mountain View, California Costco store. Each customer was limited to one bag of rice. A shopper who tried to buy two bags found one of them pried from his hands and thrown back on the store shelves, in something akin to Cuban-style egalitarianism. While such scenes have yet to erupt nationwide, the Sun found that limited stocks of rice, flour, and cooking oil are causing purchase limits and hoarding by consumers trying to lock in today’s high prices (fearing even higher future prices) or simply to acquire products that soon may be unavailable.”
Deroy Murdock on Federal Ethanol Program on National Review Online


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