I wonder where all the corn would be consumed if not for ethanol...
Acres in corn had been dropping for decades before fuel ethanol. Dropping fuel ethanol would likely reduce corn acres at least 25% in a couple years. Corn acreage reduction would continue.
Pork, chicken and egg prices would likely rise because fuel ethanol currently subsidizes cheap high-protein animal feed.
Soybeans, hay, wheat, cotton, milo and rice would be gainers. Specialty crops would gain too.