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UN calls on U.S. to halt biofuel production as drought devastates corn crop

With the drought of 2012 — already the worst in the U.S. since the 1950s — expected to cause dramatically smaller corn and soybean crops, the United Nations Food and Agricultural Organization (FAO) has called on the U.S. to suspend the use of corn in producing biofuels like ethanol in order to avert a food crisis. So far, however, Agriculture Secretary Tom Vilsack has rejected this suggestion, arguing that ethanol production supports many jobs and reduces the price of gasoline for Americans.