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InsiderOnline Blog: September 2012

Driving Corn

Low yields on corn this year mean corn prices are heading upward. But corn prices would be at least 8 percent lower if it weren’t for federal rules requiring motor fuel to be blended with ethanol. Those requirements divert some corn from food and feed to ethanol production. Eight percent is the low end of the estimates; the impact could be much bigger, says David Kreutzer. [The Heritage Foundation, September 17]

Posted on 09/20/12 05:42 PM by Alex Adrianson

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