http://www.canada.com/theprovince/news/story.html?id=fe147605-6440-47c6-a218-69a...

72-per-cent food-price rise predicted

Tuesday, April 22, 2008

BERLIN -- Rising demand for fuels made from corn and other crops will
contribute to further increases in food prices, Joachim von Braun,
director-general of the Washington-based International Food Policy
Research Institute, said yesterday.

Demand for plant-based biofuels, driven by government attempts to
fight global warming, alone could boost food prices as much as 72 per
cent through 2020, von Braun said. He called for a moratorium on
biofuels use.

"Biofuels have exacerbated an already difficult situation," he said.
"Will we return to the good old times of cheap food? No."

Rising incomes in the developing world and higher oil prices will also
contribute to food-price increases, he added.

IN OTHER DEVELOPMENTS:

- More than 10 million people in parts of Thailand's rice-bowl region
have been hit by drought, causing further concerns as prices of the
staple grain soar.

On Apr 25, 8:33 am, "calderh...@yahoo.com" yahoo.com>
wrote:

http://www.canada.com/theprovince/news/story.html?id=fe147605-6440-47c6-a218
-69ab464260e6

"blue_collar_worker" hotmail.com> wrote in message
news:0edc13be-7b7c-4ae0-bf2a-0242dc67f07c@w5g2000prd.googlegroups.com...
On Apr 25, 8:33 am, "calderh...@yahoo.com" yahoo.com>
wrote:

"Stay in School, Dummies" wrote:

But the Chinese have the dollars so you would end up with no oil.

Graham

"Stay in School, Dummies" radiocong.net> wrote in
message news:BToQj.519$506.177@newssvr27.news.prodigy.net...

http://www.canada.com/theprovince/news/story.html?id=fe147605-6440-47c6-a218
-69ab464260e6

If you look through the news stories I have linked here -

http://home.att.net/~meditation/biofuel-news.html

you will see that the biofuel aggravated food crisis is affecting
Americans, not just people in other countries. Biofuels = a major tax
on food, all for the benefit of Monsanto, ADM, SeQuential Biofuels,
car makers who have invested in biofuels, and even oil companies who
have also have investments in biofuels. Biofuels can NEVER make us
independent from fossil fuels, so that argument is just a propaganda
con job from the biofuel con artists themselves, who just want your
money and don't give a tinker's damn about the environment or how many
people they make hungry.

From "The biofuel hoax is causing a world food crisis!"

"In practical terms, there is not enough usable land area to grow a
sufficient quantity of biofuel plants to meet the world's energy
demands. It takes a great deal of fossil energy to produce ethanol...

...

Nonsense.

Food prices are going up with demand, and demand increased greatly due to China/India and other emerging markets eating more and
better food.
Biofuels just take what is not eaten, because biofuels will have to compete with oil/gas prices (at $3/gallon and rising).

So, it's very simple : wholesale food prices go hand-in-hand with the price of oil.
If oil goes up 72 %% then wholesale food prices will go up 72%%. If oil goes down, wholesale food prices will come down (because we
will make less biofuel).

And that's the way the cookie crumbles.