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As High as an Elephant's Eye


This year the amount of U.S. corn used in ethanol may surpass the amount used in feed for the first time

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.

Reviving Keynes
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