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To: Nathan Zachary

Corn prices are at a historically high $4 a bushel, with a record 93 million acres planted in the US. Ethanol subsidies are not paid to farmers, but they do increase demand for corn and thus drive the price up. Ethanol is the primary driver in the increase in corn prices, and at the current price, farmers are choosing to plant corn over other crops.


50 posted on 08/04/2007 3:03:42 PM PDT by Maceman
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To: Maceman

Ethanol from sugar cane is next.


77 posted on 08/05/2007 4:57:24 AM PDT by lonestar
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