The recent increase in ethanol use in the US strengthens and changes the nature of links between agricultural and energy markets. Here, we explore the interaction of market volatility and the scope for policy to affect this interaction, with a focus on how corn yields and petroleum prices affect...

<heading id="h1" level="1" implicit="yes" format="display">summary</heading><title type="document">Ethanol Transforms Agricultural Markets in the USA</title>In the United States the volume of ethanol produced from maize is increasing at a very fast rate. The high crude oil prices explain some of this growth, but government policies have also been instrumental by fostering the growth of the US...