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Comment by Nwallins

> don't the US corn subsidies for ethanol actually make corn more expensive?

My understanding is that the subsidies are there to incentivize corn production. The video says that the subsidized cost of corn production is actually negative -- that you can go plant a corn field and will have made money before you sell a single ear.

Once the corn is produced, if there are additional subsidies for ethanol production from corn, then that may divert corn from food uses. It may increase the cost of HFCS production.

But the cost of corn production is still lower despite, or perhaps even because of, the ethanol subsidies.

parent Nwallins 16 years ago

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