Government Report May Overstate Use of Corn for Ethanol

Lawmakers are concerned that a phrase in a government report is giving the wrong impression. The World Agricultural Supply and Demand Estimates report predicted that 4.95 billion bushels of corn will be used for ethanol production this crop year. The figure equals 40 percent of last year’s crop, which gives opponents grounds for telling the government to stop sacrificing food for fuel. But several politicians say the report is incomplete because the 40 percent includes animal feed that is a byproduct of ethanol production, therefore overstating the amount of corn used to create the alternative fuel. Read more (Financial Times).