Tyson chief calls for end to US ethanol tariff

Check this report from CNN about Dick Bond president and cheif executive of Tyson Foods, one of the US’ bigger processed food outfits, he want an end to tariff protection for ethanol in the US. You see the corn price is rising and its hurting his profits. NSS (No organic fertiliser Sherlock)

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2 Responses to Tyson chief calls for end to US ethanol tariff

  1. David B. Benson 28 April, 2008 at 11:23 pm #

    Probably that’s his reason, but it is still a good idea. Even the Federal Reserve chairman thinks so.

  2. David B. Benson 28 April, 2008 at 11:49 pm #

    Here is the (simple) theory as to why it is a good idea:

    http://en.wikipedia.org/wiki/Comparative_advantage

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