Date: July, 2007
Abstract: A growing percentage of commodity production is being allocated for alternative fuel uses, pressuring the supply and demand of grains and disrupting typical price behavior. As a result, farmers, speculators, livestock producers, traders, consumers and the government are adjusting their responses to market cues as ethanol1 production rapidly expands.
Since ethanol in the United States (U.S.) is derived mostly from corn, initial ethanol plants were built in the Corn Belt.2 Farmers capi...
Research Type: Ag Focus