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Rep Peterson: Corn Ethanol Program Raises Food Prices

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Uploaded by on Jul 3, 2009

House Agriculture Committee Chairman Collin Peterson (D-Minn.) was a guest on the AgriTalk Radio Program with Mike Adams (http://www.agritalk.com/) The focus of the conversation was the Waxman-Markey climate bill that passed the House last week.

In this except Chairman Peterson says that he voted for the Climate Bill though he's against it (ala John Kerry's 2004 line). Moreover, he confirms that his amendment will help corn ethanol and, consequently, he says raise corn and soybean prices.

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