Ethanol Demand To Drive Milk to $4 A Gallon, With Other Prices To Follow?

Ethanol Demand To Drive Milk to $4 A Gallon, With Other Prices To Follow?

How can this be? Ethanol is made from corn and, of course, the demand for ethanol has increased the demand for corn. The demand for corn has out-stripped farmers’ ability to supply more corn and thus has resulted in increased prices for corn…