4 ms·
200 bu/acre is at the high end of corn yields, so your $10 cost estimate is probably a bit low. Current price per bushel of corn is $4.4. Adding $10 per bushel
by ovi256 7y ago
200 bu/acre is at the high end of corn yields, so your $10 cost estimate is probably a bit low.
Current price per bushel of corn is $4.4. Adding $10 per bushel will be a huge economic shock. Given corn is a big input in most animal husbandry, this means most animal products will become more expensive.
Middle and upper class people will probably be able to pay more and eat the same things, but not the lower class.
- Retric 7y agoYea, this would be bad. But, 14.4$ per bushel was in line with historic food prices. https://ourworldindata.org/food-prices https://ourworldindata.org/food-prices However, as I said this is more a thought experiment than a practical solution. Higher food prices would result in less meat consumption, food waste, and likely less obesity. The most likely outcome seems to be more food production in less ideal locations not farming a literal desert using desalination.
- ovi256 7y ago>14.4$ per bushel was in line with historic food prices Wow, good point, I did not expect that. So it should be sustainable, at least.