Tokgoz, Simla; Elobeid, Amani E.; Fabiosa, Jacinto F.; … - Agricultural and Applied Economics Association - AAEA - 2007
higher oil prices, a drought combined with an ethanol mandate, and removal of land from the Conservation Reserve Program (CRP … cost increases. Retail meat, egg, and dairy prices will also increase. If oil prices are permanently $10-per-barrel higher …, corn-based ethanol production is projected to increase to over 30 billion gallons per year with the higher oil prices. The …