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Hey look, it's the food or fuel argument again
In an article published on Monday, the FT blames (subs req'd) the raise of soft commodities on the rise on the demand for biofuels (also known as the sometimes disputed "Tortilla effect"). "Just as energy and metals prices have rallied sharply in real terms, a similar fate awaits grains, which remain significantly below the highs of the 1970s and mid-1990s," says Michael Hughes of Deutsche Bank. There are serious concerns about food prices rising, which would be considered bad for inflation. In addition, the demand keeps on growing ... Read more →
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Hey look, it's the food or fuel argument again 2 years ago on Autoblog Green
In an article published on Monday, the FT blames (subs req'd) the raise of soft commodities on the rise on the demand for biofuels (also known as the sometimes disputed "Tortilla effect"). "Just as energy and metals prices have rallied sharply in real terms, a similar fate awaits grains, which ...
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