Biofuel 7
Already, higher crop prices have enabled governments to slash their usual subsidy payments. The U.S., for instance, will give corn farms more than $6 billion less in 2007 than in 2006. But farmers will still come out ahead. Economists predict a permanent jump in agricultural commodities. That would bring farmers — and the whole farm economy, including equipment makers like John Deere — unprecedented prosperity, and revitalize rural communities around the world.
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