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August 22, 2007 | Jim Lane | Comments 1

Sen. Barack Obama calls high feed prices a short-term problem

In New Hampshire, US Presidential candidate Barack Obama said that he believed that rising feed prices were a short-term problem for American farmers. He stated that higher prices will encourage corn production, which in turn would bring prices down. Sen. Obama (D-Ill) is a strong advocate of biofuels but like other politicians has faced criticism from some quarters over the hotly-debated effect of biofuel expansion on crop and feed prices.

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