Study: Food Prices Up $14 Billion Due To Ethanol
The Facts About Ethanol by Marlo:
A new study by Iowa State University Center for Agriculture and Rural Development finds that soaring corn prices due to rising demand for ethanol increased retail food prices by $14 billion during the past year, reports Philippa Jones of Food USA.
The report, entitled “Emerging Biofuels: Outlook of Effects on US Grain, Oilseed, and Livestock Markets,” is available here.
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