date:Jul 20, 2012
2011, increasing from 1.6 billion bushels to 5 billion. (Ethanol production now uses more than 40 percent of the US annual corn supply.)
Corn now represents about 80 percent of the cost of producing ethanol compared with 40-50 percent before the mandate.
Corn prices increased to more than $6 a bushel in 2011 from $2 in 2005.
The rate of change for the Consumer Price Index for meats, poultry, fish and eggs increased by 79 percent while it decreased by 41 percent for non-food items since the