Results tagged wall+street

Mother Jones: Wall Street Investors Take Aim at Farmland

Agrichemical companies mint fortunes by selling seeds and chemicals to farmers, and grain processors reap billions from buying crops cheap and turning them into pricey stuff like livestock feed, sweetener, cooking oil, and ethanol. But the great bulk of US farms are run by independent operators.

The Huffington Post: The Ethanol Mandate Needs to Be Reformed

An increasing number of lawmakers realize the RFS is unworkable and driving up the price of food and gas. The most recent Member of Congress to pile on is Rep. Peter Welch (D-VT), who called the ethanol mandate a "flop" this week and rightfully argued for serious changes to the program.