High corn prices driven by a bad harvest could hurt corn ethanol producers, which are suffering from a saturated market for ethanol. Dry conditions in much of the United States caused the USDA to sharply lower its estimates for how much corn will be harvested, and increase its prediction for the season’s corn prices from its projection of between $4.20 and $5 a bushel last month to $5.40 to $6.40 a bushel.
High corn prices make it hard for corn ethanol producers to make a profit. And it’s times like these that make people question the wisdom of using corn for fuel, which some experts say increases the volatility of corn prices. The ethanol industry’s vulnerability to corn prices has been a perennial problem.
A horrifying new AI app swaps women into porn videos with a click
Deepfake researchers have long feared the day this would arrive.
We can’t afford to stop solar geoengineering research
It is the wrong time to take this strategy for combating climate change off the table.
Meet Altos Labs, Silicon Valley’s latest wild bet on living forever
Funders of a deep-pocketed new "rejuvenation" startup are said to include Jeff Bezos and Yuri Milner.
The new version of GPT-3 is much better behaved (and should be less toxic)
OpenAI has trained its flagship language model to follow instructions, making it spit out less unwanted text—but there's still a way to go.
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