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U.S. nearing tipping point in corn-based ethanol production

May 28, 2007
A new study conducted by the Center for Agricultural and Rural Development at Iowa State University (ISU) conservatively estimates that the increased prices of corn driven by the demand for corn-based ethanol have already increased U.S. food retail prices by $14 billion annually. The study examined the impact of ethanol and other biofuels on the future and what kind of effect it could have on crop markets, the livestock sector, exports and grain-based food retail ...

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