“The United States produces a great deal of food each year. Actually, it overproduces food. This is the result of federal farm policies that pay farmers by the amount of crop they produce each year.”
Gee I keep on hearing from the anti ethanol nuts that if we switch from a percentage of food crops to growing crops for ethanol production....we’re all gonna staaaaarrrvvveeee and
Corn will be $3000.00 a bushel.
The farm bill is a consumer subsidy. Who benefits from the increased production and lower prices.