Entries tagged "corn"
Food is the body's fuel, and increasingly, that of cars, factories and our homes. And that's creating friction, and bankruptcy, throughout the American heartland. Pittsburg, Texas-based Pilgrim's Pride Corp., one of the nation's largest chicken producers, filed for Chapter 11 bankruptcy protection on Dec. 1 and is a member of Food Before Fuel, which is an interest group that promotes rolling back laws mandating the production and use of renewable fuels such as ethanol made from foodstuffs such as corn. Corn is also used for chicken and other animal feeds. ...
Ethanol subsidies helps drive up the price of food. But will that prompt a move to - gasp - cut the program?
