wheat, page-5

A pertinent comment from a Peak Oil bulletin board.
This was in response to someone claiming that food and oil prices showed no correlation.

At 6/29/2007 11:26:00 AM, obewan said...
No common sense? Someone needs a couse in basic ag. As early ago as 1977, we only produced 50 bushels of corn per acre. Now, special breeds or corn yield up to 250 bushels per acre. You are not comparing apples to apples when you relate the price of oil to the price of food over time. Also, we get high yields because of perto based fertilizers. Last year, the price of oil went up 33%, and the inflation rate for food went from 3% to 6%. I say they are VERY MUCH RELATED, AND THERE WILL BE HELL TO PAY WHEN THE OIL IS DEPLETED. Remember, the boy who cried "wolf" did in fact meet his fate with the wolf at the end of the story!