Tag Archives: Food and Fuel

Weather, Not Biofuels Contributes to Food Crisis

Could it be, that weather, not biofuels, are responsible for the increase in corn prices?  That is what Tim of Environmental Economics suggests.   Citing rains and floods, as being responsible for leaving 4 million acres unplanted (according to the AP),  Tim quotes the AP, “That would likely lift corn prices further, forcing consumers to pay higher grocery bills for meat and pork, as livestock producers would be forced to pass on higher animal feed costs Read More >

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A Sustainable Green Revolution

The Washington Post last week called for “a greener revolution” that would restore the world’s ability to feed itself at widely affordable prices. “The next green revolution must be ‘greener’ than the first; it must achieve higher production through the wisest possible application of scarce resources. The Financial Times of London also called for “a second green revolution” that would help grow more food on the same amount of land. The paper’s editorialist called for Read More >

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Food Supply Will Meet Demand

The UN Food and Agriculture Organization (FAO) and OECD released their annual Agricultural Outlook yesterday. It makes a strong case for increasing global agricultural production by increasing yield on existing acres – one of many solutions biotech can help provide. Adverse weather conditions in major grain-producing regions, coupled with low stocks, were enough to trigger the current sharp rises in food prices even if all other factors were equal. Productivity gains from increased yields will Read More >

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Will the Press Set the Record Straight?

Last week, Roll Call revealed that the Grocery Manufacturers Association paid for a PR campaign aimed at blaming high food prices on biofuels (call it the ‘vast chicken wing conspiracy’). But since the revelation, there’s been very little effort in the press to set the record straight. The USDA this week held a press conference to tell reporters the true causes of food price increases. And on Tuesday this week, Michael W. Masters, Managing Member Read More >

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USDA Says Biofuels Not Responsible for Increasing Food Prices

On Monday the USDA held a press briefing. The subject? Food and fuel. One theory that has been widely discussed in recent weeks is that the nation’s growing demand for biofuels and the crops needed to produce them is the real culprit behind higher food prices, both at home and abroad. Yet the evidence that we have seen, and that Joe will take you through in just a few minutes, does not support this. said, Read More >

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