Did you see food prices are rising because of the ethanol boom? Tyson, the world's protein producer, "warned that boosting US ethanol production will create higher global food prices." Something can't come from nothing. If we use more corn to power our cars, it means less cord to feed to the cows that we eat at lunch who power us on the spin bike at the gym in the evening.
This is either a good argument for buying grain stocks or looking to other sources of protein that don't involve animals, or both! It's not that animal protein is categorically bad for you. It's just that it's an energy-intensive way to get calories, once you include all the water, grain, and fertilizer that goes into the cow on your plate. Our suggestion: eat more nuts.
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About the Author
Dan Denning is the author of 2005's best-selling The Bull Hunter (John Wiley & Sons). He began his financial publishing career in 1997 and has covered financial markets form Baltimore, Paris, London and, beginning in 2005 Melbourne. He’s the editor of The Daily Reckoning Australia and the Publisher of Port Phillip Publishing.
