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Corn growers may like ethanol boom, but other farmers can get hurt

Economists are wondering if the current ethanol craze could hurt farmers of other crops. Behind the government's incentive programs to develop ethanol plants, prices for maize have made corn farmers very happy. Other farmers have invested these co-op plants, as well. The economists worry that farmers of other crops will have to contend with volatile oil prices as well as draught, flood, insects and other agricultural hurdles. "Tying a large part of agriculture to oil is to introduce vagaries and risks to an already risky business," said C. ... Read more →

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