It is ridiculous to blame the rising cost of a movie ticket on ethanol (5/23, A-1, “Corn costs adding pop to prices at the movies; Kansas City-based AMC will increase ticket and popcorn prices at its area locations”).
In 2007, the farm price for popcorn was 13 cents per pound. Prior to popping, the average $5 tub contains 0.15 pounds, or about 2 cents’ worth of popcorn. Even if the price of popcorn would have doubled in the last year, there would be only about 4 cents’ worth of popcorn in the $5 tub at the theater.
Additionally, the paper pulp used to produce popcorn tubs has jumped 40 percent in the past 36 months. This increase makes the popcorn less expensive than the tub it comes in.
Lastly, popcorn and field corn, used primarily for livestock feed and ethanol, are not the same. It is irresponsible to paint ethanol as the scapegoat at the expense of farmers.
President, Missouri Corn Growers Association
So now you are blaming corn for the increase in the price of movie tickets. What will you blame corn for next — the war in Iraq? The lack of a qualified presidential candidate? Global warming?
Corn is an easy target at the moment, and there is nothing to blame for its price increase except simple supply and demand and a weak dollar.
More human beings are emerging from poverty than at any time in history. People in China and India are entering the middle class at a staggering rate. Of course, the first thing people do as they emerge from poverty is improve their diets. They can now afford to buy food!
So quit the “corn blame game” and start reporting the real story: the fact that the world is eating better and the demand for grain products will only continue to grow as long as our dollar is weak.