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Ethanol demand has pushed up corn prices.
Meanwhile, federally mandated ethanol conversion is withholding grain from food production and driving up corn prices.
The federal government's subsidy of ethanol has driven up corn prices.
Soon Granny owned a squat Frigidaire refrigerator, which allowed her to "put up" corn for consumption all year long.
Enfrijoladas: A simple delicious dish that will use up corn tortillas in your freezer and black beans from the pantry.
(Genesis 41: "Lay up corn under the hand of Pharaoh, and let them keep food in the cities").
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In July picked up Birch Telecom; portfolio company Borden picked up Corning from General Housewares in August.
He'd pick up Corning if it pulled back to $3, although it's quadrupled in recent weeks.
Some days, he said, there was not enough even to buy mealie-meal, the ground-up corn that, boiled into a paste, feeds much of that malnourished country.
On recent trips, I've spoken to the bosses of a Boston money manager, one of America's oldest furniture-makers, a massive healthcare firm, a tech start-up, corn growers and the boss of a parts manufacturer for recreational vehicles.
Tamales are made from ground-up corn, cooked in wrapped husks and filled with meat, vegetables or simply a sauce such as mole (made with a mix of chocolate and chillies).
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Justyna Jupowicz-Kozak
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