…thanks to ethanol
”This summer has not done any favors for world food production, due to a global drought and crop destroying heatwaves. Especially, the production of corn has been affected from the lack of rainfall in the US midwest. A recent report from the BBC lays out the details:”
“Obama could solve this problem instantly by suspending the federal ethanol mandate — something his EPA actually can do unilaterally and legally. Instead, Obama will buy up meat — a move that meat producers say won’t help them much anyway. “It doesn’t solve the problem of having enough affordable corn next summer,” industry analyst Steve Meyer told Reuters. “Without changing the ethanol program, nothing can be done,” he said.””
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