Markets, not mandates, shape ethanol production

Nathan Kauffman

Main Street Economist, 2012, issue 5

Abstract: The 2012 drought has reignited the food versus fuel debate. After cutting U.S. corn production below recent years? consumption, the drought sparked a U.S. grain shortage and sent global food prices soaring. As the grain shortage intensified, pressure to relieve the shortage by easing ethanol mandates mounted.

Date: 2012
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