Friday, January 05, 2007

Ethanol could spike cost of food prices?

"Renewing concerns about whether there will be enough corn to support the demand for both fuel and food, a new study has found that ethanol plants could use as much as half of America’s corn crop next year," states in article in the New York Times. As a result one expert claims that "This unprecedented diversion of corn to fuel production will affect food prices everywhere." (Full Article)

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