From the Mogambo Guru (at LEAST read the part in red!):
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But it's not just the eggs that are affected by the ethanol-from-corn fiasco, or all the other things that are higher in price because of it. So merely choosing corn doesn't seem to show a whole lot of smarts to start with.
As proof of that snide and disrespectful statement, I refer you to a chart sent to me by good ol' Phil S. It comes from Goldman Sachs, apparently using data from the U.S. Department of Agriculture, which shows the "[percent] of final energy output consumed in production of ethanol" of some "selected crops".
The sad-but-funny part is that turning corn into ethanol requires as much as 70% of the energy that comes from the ethanol itself! Hahaha! The only worse choice would have been wheat, which needs about 90%.
It would have been much, much better (and seemingly a lot smarter) to get ethanol from sugar cane (10%), or cellulose (25%), or soybeans (37%) or even rapeseed (40%)! But we chose corn at 70%? We're idiots!