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Ethanol Policy Raises Food Prices

Across the country, ethanol plants are swallowing more and more of the nation's corn crop. This year, about a quarter of U.S. corn will go to feeding ethanol plants instead of poultry or livestock. That has helped farmers …, but it has boosted demand — and prices — for corn at the same time global grain demand is growing. (Washington Post, Wednesday)

Unintended consequences galore.

FEE Timely Classic
Ethanolics Anonymous by Lawrence W. Reed