Ethanol and the price of bacon

Every Saturday in the Wall Street Journal there is a section called “The Weekend Interview”.  Yesterday’s interviewee was C. Larry Pope, CEO of Smithfield Foods, Inc.  The entire article is well worth the time it will take you to read it, particularly to get an understanding of how business works.  But, let me give you a few excerpts to explain why it is increasingly more difficult for you “to bring home the bacon”. Read more