Corn Rises for Eighth Straight Month, Pitting Ethanol Use Against Global Hunger

Against a backdrop of soaring worldwide food prices, riots over shortages and controversies about food crops being diverted for biofuels, U.S. corn prices jumped another 7% in April, the eighth-straight monthly advance. And the worst may be yet to come: Despite the rocketing price of corn and calls to step up production of corn-based ethanol, farmers [...] SHARETHIS.addEntry({ title: "Corn Rises for Eighth Straight Month, Pitting Ethanol Use Against Global Hunger", url: "http://jutiagroup.com/2008/05/01/corn-rises-for-eighth-straight-month-pitting-ethanol-use-against-global-hunger/" });