Farrell: Is Corn The Next Oil When It Comes To Price?  Melissa
Francis asked the right question on Tuesday's "The Call" show,
"is corn the next oil ?" The price of corn is up 200% the last
two years and if you compared a current chart of corn and oil
they overlay almost perfectly. With unusual demand from ethanol
production, are we to see an extended move up in corn ? There
are differences of opinion, but I don't think we will see a
repeat of the multiyear price spike in oil.  Corn is planted
every year and weather can be a crazy variable, but sooner or
later the production will catch up to the demand. If there is a
profit to be had, people will move in and pursue the
opportunity. There might be floods in Iowa again, but every year
there is a chance to renew the corn supply.  Not so, of course,
in oil. If we decided today to drill in the Alaska Wildlife
Reserve it would be upwards of 10 years before we would see
first production. If I had to guess, we will see corn back under
$5 a bushel within two years comp