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‘Only’ a Quarter of our Corn is Burned

Associated Press reports we should not hold farmers or the ethanol industry responsible for rising food prices. There are other contributing factors, such as inflation and fuel costs, but we certainly can also include those heavily subsidized ag-fuelers in the blame game, even though AP downplays it:

Ethanol producers acknowledge they’ve increased demand for corn but say it’s not enough to affect food prices.

Matt Hartwig, a spokesman for the Renewable Fuels Association, said the ethanol industry only uses about 25 percent of the nation’s corn supply.

Only 25 percent? So we’re setting aside one-quarter of the core good we produce, which goes into so much of the food the world consumes (meat, dairy, eggs, Corn Chex), to instead burn it for no good reason. Blame also the lawmakers who think in their infinite wisdom that they are good at creating “markets.”

Originally posted at American Spectator.

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History and Founding Principles American Tradition Institute (ATI) is a public policy research and educational foundation - a "think tank" - founded in 2009 to help lead the national discussion about environmental issues, including air and water quality and regulation, responsible land use, natural resource management, energy development, property rights, and free-market principles of stewardship. American Tradition Institute utilizes a three-pronged strategy to advance responsible, economically sustainable environmental policy: Research, investigative journalism, and litigation, via our Environmental Law Center. Our combination of expert policy analysis, exposing truth, and redressing wrongs in court advances the cause of liberty, and will...

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