RFA: Ethanol Reduces Food/Fuel Prices

4/17/2008
AgWeb.com Editors

The Renewable Fuels Association (RFA) says as consumers throughout the world face record oil and food prices, the impact of ethanol production is being criticized rather than appreciated for helping to keep oil prices lower than they otherwise would be. It is also often overlooked that prices for commodities like wheat and rice have risen higher than others and that these are crops not used in ethanol production, says the group.

Read the full story