date:Aug 17, 2012
debate in Congress could focus on why so much of the crop would go toward ethanol production when the shortage is jeopardizing the food supply, Barone said.
The big issue at this point is whether Congress will do anything about the situation, he added. We have ethanol mandates in place and it is written into law that Congress can reduce those mandates during a crisis. This year's corn crop really qualifies as a crisis.
In its agricultural weather and drought update on Aug. 14, the USDA, rated