date:Aug 18, 2012
f rainfall, it is clear that this harm is reflected in accelerated prices for corn and soybeans, which have a severe economic impact on the state of North Carolina, various regions within the state, and important economic sectors within the state,she said.
Beebe said that while the drought may have triggered the price spike in corn, the federal mandate on corn ethanol was anunderlying cause.
The higher feed costs following the passage of RFS1 in 2005 and RFS2 in 2007 have resulted in a long-te