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Surge in biofuel production pushes up food prices

A surge in the production of biofuels derived from corn, wheat and soyabeans is helping to push up food prices so sharply that the World Food Programme, the United Nations agency in charge of fighting famine, is finding it difficult to feed as many hungry people as it has in the past.

Josette Sheeran, WFP’s executive director, said in an interview with the Financial Times that rising food prices were “already having an impact on WFP operations”, and added: “There is a realisation we are facing a new level of challenge.”
FinancialTimes



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