The production and use of ethanol in the U.S. have been steadily increasing since 2001, boosted in part by production subsidies. That growth has exerted upward pressure on the price of corn and, ultimately, on the retail price of food, affecting both individual consumers and fed. expend. on nutritional support programs. It has also raised questions about the environmental consequences of replacing gasoline with ethanol. This analysis examines the relationship between increasing production of ethanol and rising prices for food. It estimated how much of the rise in food prices between 4/07 and 4/08 was due to an increase on the production of ethanol and how much that increase in prices might raise fed. expend. on food assistance programs. Tables and graphs.The economic viability of producing corn ethanola whether manufacturers can show a profitais intrinsically linked to the ... price of a gallon of gasoline is more than 90 percent of the price of a bushel of corn, it is profitable to produce ethanol.
|Title||:||Impact of Ethanol Use on Food Prices and Greenhouse-Gas Emissions|
|Publisher||:||DIANE Publishing - 2009-09|