Corn

Ethanol Raising Price of Beef

By Noel Sheppard | August 8, 2007 - 17:17

So, you want to use corn to reduce the nation's dependence on foreign oil, huh? Have you thought through all of the ramifications first?

For instance, how are cattle ranchers going to afford to feed their cows, and what might that do to the availability of beef around the country and its price?

Clearly, such issues weren't fully considered before Congress decided to mandate the use of ethanol additives in gasoline as reported by the New York Sun Wednesday (emphasis added):