Sunday, May 9, 2021

Corn Price Increases Sharply in the Market - Economics 16

Fig 01- Corn with husk in the market.

During this time around, we understand that the corn price is lower. We bought corns with price of US$1 for 10 counts last year.

Surprisingly, we bought 10 counts of corn with price US$6.60 in the grocery recently, 6 times expensive than last year.

What happen?

Why?

We try to find out through internet. The answer that corn price is soaring, the highest since 8 years ago.

Dry weather and cold temperature caused lower and delay production, especially in the countries such as:

- Brazil
- USA

On the other side, demands are increasing, followed by opening economy everywhere is believed to drive corn price.

Who are gaining?


Fig 02- Corns are ready to cook


Fig 03- Popcorn, one of popular foods.

Sure, the gainers are farmers, especially American farmers, since they can sell their corn in domestic and foreign markets.

Moreover, corns are used (processed) in the forms of many products, few of them:

- foods for livestock
- sweeteners
- corn oil
- beverage
- fuel ethanol
- starch

What are corn products favorites to you? 

Why?

29 comments:

  1. Hello,
    We try buying the local corn on the cob when it is in season. They do have many uses for the corn, the live stock corn is a little different than the corn we buy to eat. Take care, have a happy new week!

    ReplyDelete
  2. ...prices for just about everything are going through the roof.

    ReplyDelete
    Replies
    1. You are right...


      Thanks-
      Corn Price Increases Sharply in the Market - Economics 15
      -
      Fig 01- Corn with husk in the market.

      During this time around, we understand that the corn price is lower. We bought corns with price of US$1 for 10 counts last year.

      Surprisingly, we bought 10 counts of corn with price US$6.60 in the grocery recently, 6 times expensive than last year.

      What happen?

      Why?

      We try to find out through internet. The answer that corn price is soaring, the highest since 8 years ago.

      Dry weather and cold temperature caused lower and delay production, especially in the countries such as:

      - Brazil
      - USA

      On the other side, demands are increasing, followed by opening economy everywhere is believed to drive corn price.

      Who are gaining?

      Delete
  3. Corn is not grown here so we buy frozen.

    ReplyDelete
  4. Food prices are increasing day by day here. We are worry about it. According to our relatives and friends who live in abroad the situation is same to there.

    ReplyDelete
  5. Ici on ne trouve pas de maïs en épis, ou c'est rare.
    Bonne soirée

    ReplyDelete
    Replies
    1. Thanks-
      Corn Price Increases Sharply in the Market - Economics 15
      -
      Fig 02- Corns are ready to cook

      Delete
  6. Everything is going up..if it's not the price it's the taxes. Oh, I do love popcorn. Generally, I pop it myself.

    ReplyDelete
  7. We are in a sad state these days. First wood pulp. Now this. Oh, lets not even think about beef and pork an chicken aren't far behind.

    ReplyDelete
  8. We are not big consumers of corn and buy it only fresh on the cob during harvest season, and even then not often. For syrup we use local maple syrup, which tastes infinitely better anyway.

    ReplyDelete
    Replies
    1. Agree, and Local products tend to fresh....


      Thanks-
      Corn Price Increases Sharply in the Market - Economics 15
      -
      Fig 03- Popcorn, one of popular foods.

      Sure, the gainers are farmers, especially American farmers, since they can sell their corn in domestic and foreign markets.

      Moreover, corns are used (processed) in the forms of many products, few of them:

      - foods for livestock
      - sweeteners
      - corn oil
      - beverage
      - fuel ethanol
      - starch
      What are corn products favorites to you?

      Why?

      Delete
  9. Corn is in everything. I'm allergic to it; I get diarrhea from even the little bit of corn starch that's in allergy medication!

    ReplyDelete
  10. Everything is more expensive this year...

    ReplyDelete
  11. Replies
    1. Thanks-
      Corn Price Increases Sharply in the Market - Economics 15
      -
      Fig 01- Corn with husk in the market.

      During this time around, we understand that the corn price is lower. We bought corns with price of US$1 for 10 counts last year.

      Surprisingly, we bought 10 counts of corn with price US$6.60 in the grocery recently, 6 times expensive than last year.

      What happen?

      Why?

      We try to find out through internet. The answer that corn price is soaring, the highest since 8 years ago.

      Dry weather and cold temperature caused lower and delay production, especially in the countries such as:

      - Brazil
      - USA

      On the other side, demands are increasing, followed by opening economy everywhere is believed to drive corn price.

      Who are gaining?

      Delete
  12. Utilizzo spesso la farina di mais per fare dolci e soprattutto la polenta, un piatto tipico della mia zona...

    ReplyDelete
  13. Informative post and neat photos ~ Xo

    Living moment by moment,

    A ShutterBug Explores,
    aka (A Creative Harbor)

    ReplyDelete
    Replies
    1. Thanks-
      Corn Price Increases Sharply in the Market - Economics 15
      -
      Fig 02- Corns are ready to cook

      Delete
  14. Corn on the cob is a favourite here.

    ReplyDelete
  15. We have popcorn obligatory, because it's a junior delicacy. And I'll be making corn muffins tomorrow.

    ReplyDelete
  16. Replies
    1. Thanks-
      Corn Price Increases Sharply in the Market - Economics 15
      -
      Fig 03- Popcorn, one of popular foods.

      Sure, the gainers are farmers, especially American farmers, since they can sell their corn in domestic and foreign markets.

      Moreover, corns are used (processed) in the forms of many products, few of them:

      - foods for livestock
      - sweeteners
      - corn oil
      - beverage
      - fuel ethanol
      - starch
      What are corn products favorites to you?

      Why?

      Delete
  17. I'm not a big corn fan so I haven't noticed the prices. It's worrisome though.

    ReplyDelete
    Replies
    1. Indeed ....


      Thanks-
      Corn Price Increases Sharply in the Market - Economics 15
      -
      Fig 01- Corn with husk in the market.

      During this time around, we understand that the corn price is lower. We bought corns with price of US$1 for 10 counts last year.

      Surprisingly, we bought 10 counts of corn with price US$6.60 in the grocery recently, 6 times expensive than last year.

      What happen?

      Why?

      We try to find out through internet. The answer that corn price is soaring, the highest since 8 years ago.

      Dry weather and cold temperature caused lower and delay production, especially in the countries such as:

      - Brazil
      - USA

      On the other side, demands are increasing, followed by opening economy everywhere is believed to drive corn price.

      Who are gaining?

      Delete
  18. Corn is very good. I like it cooked as a side dish.

    ReplyDelete
  19. Tanza, Corn on the cob is one of our favorites...when it's fresh but we only eat it 5 or 6 times a year. The overall cost of living is up 4.2% over last year and it looks like inflation in taking hold. Not good for those of us on a fixed income! Take Care, Big Daddy Dave

    ReplyDelete
    Replies
    1. I see ....


      Thanks-
      Corn Price Increases Sharply in the Market - Economics 15
      -
      Fig 02- Corns are ready to cook

      Delete

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