UPDATE 3-Big Corn beats Big Oil as U.S. hikes 2017 biofuel targets

NEW YORK, Nov 23 (Reuters) - The U.S. government will

require energy companies to use a record amount of biofuel next

year, a victory for Midwest farmers that supply ethanol makers

over oil firms that say using more biofuels in gasoline and

diesel is costly and unachievable.

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