Ethanol and NASCAR
Jan 3, 2011 | 8:29 AM
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Well over a third of the American corn crop is used to make ethanol. Without all this corn consumed for ethanol production, there’s no doubt that grain stocks would be higher and all grain prices would be lower.
South of the border, there’s a public relations war being waged over the merits of ethanol. It was recently announced that starting in 2011 NASCAR is switching to a 15 per cent ethanol blend and will be sponsored by American Ethanol.
