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USDA says biofuels are not to blame for high food prices

Certainly not an unbiased observer, the United States Department of Agriculture (USDA) has issued an economic analysis that reveals that crops grown for biofuels (in the U.S., that means mostly soybeans for biodiesel and corn for ethanol) are not responsible for the recent increase in food prices. In fact, the USDA found that just about anything but biofuels are to blame: high energy prices, increasing global demand, drought and other factors are all called "primary drivers" of the increased food costs. The National Biodiesel Board liked what ... Read more →

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