“…In the past year, corn prices have doubled as demand from ethanol producers has surged.
“This ethanol binge is insane,” says Hitch, who’s president-elect of the National Cattlemen’s Beef Assn. (NCBA). “This talk about energy independence and wrapping yourself in the flag and singing God Bless America — all that’s going to come at a severe cost to another part of the economy.”
From Business Week, Ethanol’s Growing List of Enemies.