Side Effects Of Ethanol Dependency
Wednesday-Night:
Riots and hunger feared as demand for grain sends food costs soaring.
Expert to warn industry of threats to world supply.
Biofuels and Chinese boom put pressure on harvests.
The risks of food riots and malnutrition will surge in the next two years as the global supply of grain comes under more pressure than at any time in 50 years, according to one of the world’s leading agricultural researchers.
Recent pasta protests in Italy, tortilla rallies in Mexico and onion demonstrations in India are just the start of the social instability to come unless there is a fundamental shift to boost production of staple foods, Joachim von Braun, the head of the International Food Policy Research Institute, warned in an interview with the Guardian.
The growing appetite of China and other fast-developing nations has combined with the expansion of biofuel programmes in the United States and Europe to transform the global food situation.
After decades of expanding crop yields and falling food prices, the past year has seen a sharp rise in the cost of wheat, rice, corn, soya and dairy products. Continue reading…
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