Monday, April 4, 2011

Experts: Farmers, Ethanol Not to Blame for Higher Food Prices

Des Moines--The Associated Press reports today that experts are saying farmers and ethanol producers are not responsible for higher food prices at the grocery store.

“It’s a whole slew of things that have influenced that price,” said Chad Hart, an agricultural economist at Iowa State University. “When you look at the cost of our food, it is related to the cost of corn, soybeans and wheat and cattle but also the cost of oil, gas, diesel and unrest in other parts of the world.”

Associated Press article

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