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Biofuels will be responsible 3-6 percent grain price hike in 2020 - or maybe 40 percent

Much has been said about the impact of biofuels on the food industry. The fact is that the price of some grains has risen 60 percent in the last year and quite a bit of the blame has been put on the biofuel industry. An article signed by the Spanish Producers of Renewable Energies says that biofuels aren't responsible for this 60 percent increase, which is only a consequence of the difference between offer and demand. The Association insists that only a minimum part of grain production is made for biofuels. For instance, speaking about Spain's ... Read more →

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