This report evaluates the U.S. corn sector, especially changes in ethanol production. This analysis is based on a series of assumptions about general economic conditions, agricultural polices, weather conditions, and technological change. Changes in ethanol production will impact the production,...

A global multi-commodity simulation model was developed to estimate the impact of changes in ethanol production on the U.S. corn industry. Increased ethanol production under the Energy Acts of 2005 and 2007 resulted in a significant increase in the price of corn. However, for corn-based ethanol...