Ethanol industry buys a top seed and three key politicians

Published February 15, 2011 5:00am ET



Food prices here in America and around the world are rising quickly in great part due to the growing demands for corn to make ethanol in order to satisfy government mandates for its use.

Besides higher food prices, however, this form of government bureaucrats picking winners and losers in the energy market is having another unexpected consequence – boosting genetically modified food. Syngenta, a Swiss-based firm, recently got the go-ahead for sales of its genetically modified corn seeds.

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