Is the long-term price of ethanol too high?
By Mark Young, The North Platte Telegraph
04/15/2008
Robert White, communications specialist for Ethanol Promotion & Information Council said the debate about corn being a contributing factor to the soaring costs of food often makes people in the ethanol industry smile.
"Ethanol is probably one contributing factor, but there are many more contributing factors,” he said. “What we use to produce fuel is the starch from the corn. The corn you see in the can or eat off the cob is sweet corn and we don’t use that. We use the hard, yellow corn. This kind of corn is used in certain types of chips, but even that is minimal. The debate about ethanol being a big factor in rising grocery costs borders on the ludicrous side.”
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