Monday, April 23, 2012

Corn Prices New York Times

"The growing use of biofuels, particularly those derived from corn, has already distorted agricultural markets by encouraging farmers to plant corn instead of other crops, thus increasing the price of things like soybeans, which are being produced in lesser quantities.

The study found that federal mandates for biofuel production could amplify the effect of climate change on corn price volatility by hampering the market’s ability to adjust to changes in crop yields. "

No comments:

Post a Comment