[octex]

actually, the farmers will make less money because theywill grow less corn

impact on food is minimal

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So much corn production has been used in producing ethanol in recent years that the costs of beef and pork products has risen significantly because the cost of the animal feed has gone up. As a result, like me, many others no longer eat so much meat as we previously did.

[bert]

You fail to consider time and the perceived lag in production. The prices did rise in response to demand but in response the farmers produced more. This year, there will probably be record production in spite of the floods last spring. The production increase will mitigate the price rise earlier.

The increased production is not sustainable if ethanol subsidies are ended. Thus, farmers lose and land will produce something else or go fallow