Monday, May 14, 2012

Impact on Farming

Ethanol not only impacts the price of gasoline, but also the price that corn is bought and sold at. This is due to the great demand for ethanol production. The production of ethanol drives the amount of corn needed in certain areas exponentially. Some see this as a good thing because it drives corn producers to make more corn and puts much more money in their pockets. But on the other hand, this growth in the price of corn also affects everyday consumers by causing the price of food to increase. Anything that has corn in it will rise because of the rise in corn prices.

usatoday.com

card.iastate.edu


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