Farm Subsidies

Farmers: EPA Regulations Driving Food Prices Up

Subsidizing the production of ethanol would raise the price of food? Can you even call that an unintended consequence?

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The Obama administration was urged on Monday to stop diverting grain to gas amid warnings of an "imminent food crisis" caused by America'sdrought.

US government forecasts of a 4% rise in food prices for US consumers because of the drought have sharpened criticism of supports for producing fuel from corn-based ethanol.

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