>Andrew Grosset wrote: > >That article doesn't imply that the increase in price is connected to >Biofuel production, even if it is.
> >Ethanol is mentioned at the end of the article as it relates to corn >prices in Austrailia, but not wheat. > >-Cameron I do appreciate that the article does not directly connect rising wheat prices to Ethanol. I posted it because it is relative to Ethanol production in that land is a finite resource and if you take land for growing crops and substitute it for growing fuel you will have less land for growing food hence less production hence higher prices. I am not saying that the recent meteoric rise in wheat prices is a direct result of taking land out of food production to grow fuel however it is one of the causes, of which there are many, that I think this article failed to address fully. What we are facing is an unprecedented event - rapidly rising food prices and shortages not seen since the second world war. Although wheat is currently the headline at the moment I believe in the coming months we'll see Soyabeans, Canola and other basic raw materials following the trend. Andrew Grosset. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;160198600;22374440;w Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:253937 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
