Quote:
Originally Posted by GoreMaker
There's farm subsidies for growing corn that gets used for ethanol. From research over the years, ethanol corn wouldn't be profitable to grow without those subsidies. So because of those subsidies (which are entirely funded through taxes) farmers grow that instead of actual food.
But that's neither here nor there. That's a completely different discussion.
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It is a different discussion so probably best you not add more misinformation based on popular legend.
There are no subsidies to farmers for growing corn for ethanol. Virtually all US farmers receive some federal subsidies for almost every crop grown. But there is no difference in subsidies a farmer gets selling their corn for food compared to selling to an ethanol plant. The additional demand from the sustainable fuel mandates certainly raises the total demand and the commodity price for corn.
Full disclosure, I am a farmer although no corn.