They recenty upped the ethonol mandate by 50% I think, plus the economy and paying farmers not to farm is driving food prices crazy.
Of course food and energy prices don’t get counted as “inflation”
Here in Indiana, ethanol plants are closing up faster than K-marts in the 90s.
Congress eliminated the subsidy for domestic production and eliminated the tariff on imports end of 2011.
I’m assuming Brazil is gaining market share with sugar alky.