Browsing the "food prices" Tag

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Food vs. Fuel: Corn Prices Plummet, Why No Grocery Relief?

In a new report, the Renewable Fuels Association (RFA) says the events of recent months clearly indicate that production of corn ethanol is not a major driving factor behind the continued high food prices at the supermarket. [social_buttons] In the report, “Will the Plunge in Grain Prices Mean Lower Food Prices at the Supermarket?,” the […]

October 27th

Biodiesel Alliance Requests Your Input on the Future of Biofuel Sustainability

The Sustainable Biodiesel Alliance (SBA) is a non-profit organization created to promote cradle-to-grave biodiesel practices for verifying that all points in the production and distribution chain are sustainable. And now they want your input on what those sustainable practices and standards should be — they’ve released the first draft of their “Principles and Baseline Practices […]

August 20th

USDA Says Ethanol Accounts for Only 3% of Increased Cost of Food

On Monday, USDA officials met with reporters to discuss just how closely biofuels (specifically corn-based ethanol) are linked to the increasing price of food. Agriculture Secretary Ed Schafer, who has vehemently defended biofuels before, had this to say: One theory that has been widely discussed in recent weeks is that the nation’s growing demand for […]

May 22nd

European Union Defends Biofuel Targets As Food Prices Soar

Despite intense debate surrounding the growing global food crises, the European Union today defended expanding the use of biofuels in all 27 member countries. Part of the EU’s climate change package, the current proposal sets a target of meeting 10% of transportation fuel with biofuels by 2020. As I reported last week, Europe’s EPA advised […]

April 14th

"Perfect Storm" Inflating Food Prices Worldwide

Adding to the ongoing discussion about biofuels affecting worldwide food prices (see Biodiesel Is Raising Food Prices), NPR’s Morning Addition briefly interviewed World Bank President Robert Zoellick last Friday. Zoellick called it a “perfect storm of things coming together…” and listed 7 different issues contributing to the increasing cost of food, which led to rioting […]

April 14th