Farmers Feel Sting of Ethanol

Summary


WASHINGTON - Soaring corn prices are squeezing meat and milk producers, but consumers will not necessarily see higher prices at the grocery checkout, according to Agriculture Secretary Mike Johanns.

Costly corn has made it more expensive to feed cows, chickens and pigs. Demand for ethanol, a fuel made from corn, has pushed the price of corn above $3 a bushel, the highest level in more than a decade.

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Farmers Feel Sting of Ethanol

That is bound to have an impact on far...

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