The Ethanol Papers - Paperturn manuscript - Flipbook - Page 611
In any event, The World Bank was wrong and in the summer of 2010, a couple
of years after they told Robert Bryce and all the other good little oil industry
toadies that corn prices rose because of ethanol production, they issued a retraction.
The rise in corn prices, according to the revised report from THE WORLD BANK
was due to investor speculation, not ethanol producers pushing the prices up