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US ethanol output at 2-year low as drought bites Story Date: 7/19/2012
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Source: Karl Plume, REUTERS, 7/18/12
The worst U.S. drought in over 50 years has shriveledcrops, forced the culling of livestock herds, and slowed ethanol production,putting more pressure on a biofuel industry already reeling from high cornprices and poor margins.
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