Inexpensive and abundant corn helped push the ethanol industry into the alternative-fuels fast lane, but with demand outpacing supply and crop losses inevitable with the Midwest floods, ethanol production soon could be stalled. That’s the warning from Purdue University Extension agricultural economist Chris Hurt, who says as corn prices continue climbing, fewer ethanol producers can afford the feedstock. In turn, domestic livestock producers and foreign buyers are finding it more difficult ...
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