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...never had it so good, at least in terms of what you pay for every calorie you eat. According to the USDA, Americans spend less than 10% of their incomes on food, down from 18% in 1966. Those savings begin with the remarkable success of one crop: corn. Corn is king on the American farm, with production passing 12 billion bu. annually, up from 4 billion bu. as recently as 1970. When we eat a cheeseburger, a Chicken McNugget, or drink soda, we're eating the corn that grows on vast, monocrop fields in Midwestern states like Iowa...

Author: /time Magazine | Title: Getting Real About the High Price of Cheap Food | 8/21/2009 | See Source »

...cheap food is not free food, and corn comes with hidden costs. The crop is heavily fertilized - both with chemicals like nitrogen and with subsidies from Washington. Over the past decade, the Federal Government has poured more than $50 billion into the corn industry, keeping prices for the crop - at least until corn ethanol skewed the market - artificially low. That's why McDonald's can sell you a Big Mac, fries and a Coke for around $5 - a bargain, given that the meal contains nearly 1,200 calories, more than half the daily recommended requirement for adults. "Taxpayer subsidies basically...

Author: /time Magazine | Title: Getting Real About the High Price of Cheap Food | 8/21/2009 | See Source »

...expanding girth is just one consequence of mainstream farming. Another is chemicals. No one doubts the power of chemical fertilizer to pull more crop from a field. American farmers now produce an astounding 153 bu. of corn per acre, up from 118 as recently as 1990. But the quantity of that fertilizer is flat-out scary: more than 10 million tons for corn alone - and nearly 23 million for all crops. When runoff from the fields of the Midwest reaches the Gulf of Mexico, it contributes to what's known as a dead zone, a seasonal, approximately...

Author: /time Magazine | Title: Getting Real About the High Price of Cheap Food | 8/21/2009 | See Source »

Diet: Grass and corn Conventional cattle feed off grass pasture for the first several months, but at the feedlot, they're switched to a heavily corn-based diet, which makes them gain weight faster but also makes them get sick more easily...

Author: /time Magazine | Title: Getting Real About the High Price of Cheap Food | 8/21/2009 | See Source »

Environmental Impact: Waste A 1,000-head feedlot produces up to 280 tons of manure a week, and the smell can be powerful. All that feed corn requires millions of tons of fertilizer and, ultimately, a lot of petroleum...

Author: /time Magazine | Title: Getting Real About the High Price of Cheap Food | 8/21/2009 | See Source »

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