This story is archived
Ethanol demand boosts corn planting »
Posted by: STONERS 2 years, 7 months agoAn ethanol-fueled boom in prices will prompt American farmers to plant the most corn since the year the Allies invaded Normandy, but surging demand could mean consumers still may pay more for everything from chicken to cough syrup.
Read Full Story at news.yahoo.com »
Submitted By:
Welcome to my profile...I've started a ""STONERS Daily News Group"" Please stop by and have a look and join if you like it ...
Who Also Submitted:
This Story is Archived and Commenting is Closed
Comments: 1
-


STONERS
March 30, 2007, 10:56 p.m.The corn rush was sparked by President Bush's initiative to support flexible-fuel vehicles, which are capable of using gasoline and ethanol blends, and his administration's plan to cut gas consumption by 20 percent in 10 years.
Corn prices were already rising when Bush announced the initiative in Washington on Jan. 23 and there has been growing concern that the corn rush could hurt the poor in less-developed nations such as Mexico, where the crop is a staple used in tortillas.
All 1 comment are shown.
Submit a Story
Advertisement