As more corn gets diverted to ethanol production, the price of food goes up. Lower production of wheat, soybeans, and rice isn't helping. Time to repeal the import tariff on Brazilian ethanol, methinks. (Maggie's Farm)
Related: Possible replacement of corn by cellulosic biomass. (We didn't need those trees and grass clippings anyway.)
Purdue economists regard the new corn boom as a mixed blessing for rural Indiana.