Ethanol driving force behind corn prices

Hollis, Paul L.
October 2010
Southeast Farm Press;10/20/2010, Vol. 37 Issue 24, p1
Trade Publication
The article reports on the continued demand for corn and its prices with the help of ethanol as a driving factor in the U.S. Economist Mark Welch cites that major oil companies own larger capacity of ethanol production accounting to 10 percent, which regards to be one of its structural changes affecting the growth of the industry. It notes the growth of biofuel market despite the global economic condition, which remains higher through the support of the growth on grain consumption.


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