Detailed text transcripts for TV channel - FOXNEWS - 20120730:15:47:00
The cost of fuel. is that true? >> no, it is not true. it is very unfortunate and misguided for the livestock producers to be taking that tack. eliminating or abandoning our ethanol problem program isn't going to meaningful reduce corn prices. >> reporter: listen to this i can hear the corn running through your processers. you're making corn and competing with livestock producers for precious corn. doesn't that drive prices up? >> sure anytime you put demand on product it will impact the price. what i want to point out this industry reduced consumption of corn dramaticly in response to higher ...
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