impact of biofuel policy on commodity price variability is poorly understood. A good understanding of biofuel policy's impact … on price variability is important for mitigating food insecurity and assisting policy formation. We examine how U ….S. ethanol policies such as the Renewable Fuel Standard (RFS) mandates and the blend wall affect the price variability of corn …

stochastic variables that are major contributors to corn price volatility: planted acreage, corn yield, export demand, gasoline … increased corn price volatility and that the passage of the expanded ethanol mandates in the Energy Independence and Security … Act (EISA) has had modest effects on corn prices. Model results indicate an expected average marketing year price of $4 …