Anyone who's been paying attention knows that corn prices are way up. The primary reason is the the drive to add it to gasoline.
A discussion about whether that is a good use for it belongs in the "Politics, Religion and Contorversy" forum. Here I just want to acknowledge the fact of this and inquire about the effects.
There are many costs associated with producing bourbon. The cost of energy to heat the still. The cost of barrels. The cost of bottles. The cost of labor.
Being that the cost of corn is just one factor in this mix, I'm tempted to believe that it is not a large one. But then, I don't know, because I don't produce bourbon.
So for those knowledgeable about such things, I pose the question: how much effect will rising corn prices have on the price of bourbon?