Wednesday, May 30, 2007

Fueling the Tequila Shortage

The boom time in bio fuels could turn Margaritaville into a ghost town. MSNBC reports Mexican farmers are burning fields of blue agave -- the plant used to make tequila -- so they can grow corn.

Ag analysts estimate blue agave crops could shrink by as much as 35% in coming years as farmers cash in on more profitable corn used to make ethanol.

It can take eight years for an agave plant to reach maturity. (MSNBC)