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Friday, September 07, 2012

Drought Withers U.S. Corn Crop, Heats Debate on Ethanol

Drought Withers U.S. Corn Crop, Heats Debate on Ethanol
Predictions for a bumper crop in May withered 26 percent by August. Scarcity has pushed corn prices to all-time highs. Farmers are plowing under scorched fields, and cornhusks are blowing across roads. The mandate, meanwhile, amounts to a requirement that 42 percent of this year's crop be pumped into gas tanks.  

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