CARD study concludes reduction in ethanol mandate would have minor impact on price of corn

Read the full post from Green Car Congress.

A working paper by Professor Bruce Babcock and Wei Zhou from the Center for Agricultural and Rural Development (CARD) at Iowa State University suggests that lowering the US ethanol mandate to a level that can be met solely with E10 would result in a lower price of corn of between 5 and 6%, or about 25 centers per bushel, compared to the status quo.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: