Biofuels, Binding Constraints and Agricultural Commodity Price Volatility
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The share of U.S. corn production used to produce ethanol increased from 12.4% in the 2004/05 crop year to over 38.5% in the 2010/11 crop year, and remained at that high level in 2011/12. Even after accounting for return of by-products to the feed market, this is a large and persistent new demand
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美国国家经济研究局创建时间：
2013-03-01
