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People aren't the only consumer of grains. You have biofuels, as well as livestock feed. Biofuels are likely having a bad time with the breakdown in OPEC. With
by jldugger 7y ago
People aren't the only consumer of grains. You have biofuels, as well as livestock feed. Biofuels are likely having a bad time with the breakdown in OPEC. With livestock, people might eat a bit less meat, but I donno if that's really gonna move much. But directly to your point, grain alcohol products might drop a smidge with restaurants out of commission for months. Even if people only drink marginally less, they'll be paying way less for it and I imagine some of that margin cut trickles down the supply chain.
More darkly, there may be 1 percent fewer people around to eat bread, steak and drink vodka.