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23min chapter
Greg Page on Food, Agriculture, and Cargill
EconTalk
The Impact of Agricultural Interventions and Biofuels on Global Prices
This chapter explores the United States' interventions in agricultural markets, the impact on global prices, and the political motivations behind them. It discusses the consequences of corn-based biofuels on grain prices and the world's poorest people. The chapter also examines the shift towards demand mandates and the use of biofuels to raise agricultural prices.
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