Spring planting season has not yet begun for most of North America, but already, concerns about significant food price inflation are spreading. A combination of federal ethanol mandates, low inventories and other factors has sent the price of corn soaring. For meat and poultry producers who rely on corn-based animal feeds, this is a problem reminiscent of 2008, when the economy was mired in recession and food prices experienced a sudden, severe spike, led partly by historically high corn ...

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