Hormel Foods survey finds 58 percent of Americans say role of ethanol should be rethought in light of food prices

In Minnesota, a survey by Hormel Foods has found that 67 percent of Americans say that food prices have increased significantly in the past year, and 61 percent believe that corn ethanol is partly responsible for the increase. The survey found that two-thirds of Americans feel they are losing ground, with inflation exceeding increases in income. 58 percent of those surveyed said that the role of ethanol should be reconsidered in light of rising food prices.

The December corn contract at the Chicago Board of Trade closed yesterday at $3.90, down nearly 50 percent since the June high of $7.65 for the spot contract.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

82 percent of US consumers blame fuel prices, not farmers, for high food prices, survey finds

In Missouri, the United Soybean Board released results from a survey in which 82 percent of consumers said that high fuel prices are to blame for food prices, not US farmers. The “National Agricultu...

New US consumer survey: 74 percent want increase in domestic ethanol production

A new survey commissioned by the Renewable Fuels Association showed that 74 percent of Americans believe we should increase our use of domestically produced renewable fuels like ethanol. In additio...

2008 Energy Pulse Survey shows Americans more likely to buy hybrids, fuel efficient cars; economics the driver more than emissions

The 2008 Energy Pulse survey was released, showing that 49 percent of Americans reporting that they are likely or very likely to buy a hybrid vehicle, with 48 percent saying they are likely or very li...

Zogby/O’Leary Report poll finds twice as many voters believe ethanol raises food prices than reduces emissions

In Washington, a Zogby/O'Leary Report poll found that more Americans believe that ethanol raises food prices than helps with the reduction of emissions, by more than a 2 to 2 margin. The poll asked...

US voter poll finds 49 percent says oil prices to blame for rising food costs; 8 percent blame ethanol

The Renewable Fuels Association released results of a survey of US voters on their views regarding the causes of rising food costs. 49 percent identified the increased cost of gasoline and fuel, while...

Guatemala is fastest-growing ethanol supplier in Latin America, after Brazil, report finds

In Latin America, a survey of South and Central American production found that Guatemala produced 64 Mgy of anhydrous ethanol at five sugarcane plants in 2008, with production up 50 percent over 2007....