The story

Farmers and ethanol producers defended their good fortune Wednesday in the nation's capital, where more lawmakers are blaming a corn-for-fuel policy for soaring food prices.

Farmers and ethanol executives told reporters that the biofuel industry is not the culprit behind skyrocketing corn and wheat prices that have set off riots abroad and grocery sticker shock in America.

"While we do have some role in higher corn prices, we're closer to a Little Bo Peep than an ax murderer," said Rick Tolman, President of the National Corn Growers Association at the National Press Club. Read full article »