Commodities

As High as an Elephant's Eye


The portion of this year's U.S. corn crop going to ethanol may surpass the amount used in feed for the first time. Federal subsidies for ethanol production, due to expire at the end of 2011, have spurred corn demand and pushed up prices, to the dismay of livestock farmers.

Bjerga is a reporter for Bloomberg News in Washington.

The Good Business Issue
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus