Financial Times FT.com

Modest US maize prospects fuel ethanol debate

By Alan Beattie in Washington

Published: May 6 2008 03:00 | Last updated: May 6 2008 03:00

Bad weather is threatening a big shortfall in this year's US maize harvest, risking a further upward push to food and energy prices.

Maize is the main feedstock for US ethanol. A -further rapid rise in its price is likely to add to growing concern on Capitol Hill that federal biofuel subsidies are worsening the food crisis.

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