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Bill Longstaff: Drought, ethanol and the looming food crisis

That the drought in the U.S. will cause a rise in food prices is hardly news. However, scientists at the New England Complex Systems Institute are warning that the potential for a price spike has already been created by “misguided food-to-ethanol conversion programs and rampant commodity speculation.” The drought will act as a “crop shock” . . . → Read More: Bill Longstaff: Drought, ethanol and the looming food crisis