Economists Discuss Food and Fuel Prices

Cindy Zimmerman

Domestic Fuel CastRising food prices continue to make headlines and all too often the blame is placed on the use of corn for ethanol.

In this DomesticFuel Cast, we hear from two economists who have spent their entire careers studying farm and food prices – Jim Duffield with the U.S. Department of Agriculture and John Urbanchuk with the global economic analysis firm of LECG LLC. They talk about the multiple causes of rising food prices, the dramatic impact of energy costs, and what they expect prices for raw commodities to do in the near term.

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