WBIA BLOG

Associated Press: No damage from ethanol boom

Categories: Bio Fuels

The US Department of Agriculture's chief economist said last week that a jump in corn-based ethanol production next year will not raise food prices enough to harm consumers, according to a recent story by the Associated Press.

He notes that a 7% increase in food prices this year have been largely due to inclement weather and low levels of Australian wheat crops, amongst other factors, rather than increased ethanol production.

To read the entire story, click here

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