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Increasing use of corn in ethanol production holds the promise of increasing corn prices such that average corn prices in the future will be higher than average historical prices. However, ethanol production may not reduce corn price variability. Impacts of crude oil price variability on break-even corn prices are presented in this paper.
Publisher | University of Illinois |
Publication Date | May, 2007 |
Publication Views | 495 |
Material Type | Written Material |