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Ноябрь
2024

Maize diversion for ethanol raises poultry feed, edible oil prices, sparking concerns for sugar industry, soybean farmers

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Maize, diverted for ethanol production, has driven up poultry feed costs, impacted cooking oil prices, and reduced oilseed farmers' profits. The ethanol program has led to consequences like increased maize imports and declining revenues for the sugar industry, highlighting the complex trade-offs of biofuel policies.