The Role of Agribusiness in Our Food Crisis

Ethanol critics need to be wary before they jump aboard the anti-ethanol campaigns and let off the hook the real bad actors behind our food crisis. The question of ethanol and its role in the food crisis is one of the most divisive issues raging in the world today. Factory farm and food processing interests cry out for relief from higher grain prices while in the general population, consumers reeling from rising food costs and environmentalists questioning the benefits of corn ethanol are also raising their concerns. One important question remains unasked in the midst of all this: How low do agribusinesses want corn prices to go? If farm programs had set a price floor adjusted for inflation over the last three decades, many more sustainable family farms would be raising livestock rather than destructive factory farms and the... [read full story]