Food Makers Lobby Congress To Limit Corn Usage In Biofuels

Food Makers Lobby Congress To Limit Corn Usage In Biofuels

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NEW YORK -(Dow Jones)- Makers of household staples like cheese and cereal are lobbying in Washington in an active effort to reshape government policy on ethanol as they grapple with soaring costs for agricultural commodities like corn.

Filings with the Senate's Office of Public Records reveal that several large packaged-food companies have hired Washington lobbyists or are using their internal teams to help them make a stronger case against the use of corn to produce biofuels like ethanol.

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Companies are starting to feel the squeeze from biofuels. Perhaps something will come of this.

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