Journal Article

Markets, not mandates, shape ethanol production


Abstract: The 2012 drought has reignited the food versus fuel debate. After cutting U.S. corn production below recent years? consumption, the drought sparked a U.S. grain shortage and sent global food prices soaring. As the grain shortage intensified, pressure to relieve the shortage by easing ethanol mandates mounted.

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File(s): File format is application/pdf http://www.kansascityfed.org/publicat/mse/MSE_0512.pdf

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Bibliographic Information

Provider: Federal Reserve Bank of Kansas City

Part of Series: Main Street Economist

Publication Date: 2012

Issue: 5