The conversion of corn to ethanol has contributed to a doubling in global food prices since 2005, according to a report by the New England Complex Systems Institute (NECSI).

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As corn prices hit record highs, the folly of the federal ethanol mandate becomes ever more apparent. The widespread drought in the Corn Belt projects what will be the lowest since 2006–2007 and that the per-acre yield will be the worst since 1995–1996.

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