New Analysis Continues to Disprove Food v. Fuel Canard

There is no statistical evidence to support the argument that growth in ethanol production is driving consumer food prices higher, according to a comprehensive study commissioned by the Renewable Fuels Foundation and released by Informa Economics. Rather, the report concludes that retail food prices are determined by a complex set of inter-related factors, including supply chain costs for energy, labor, transportation, packaging and other marketing-related expenses.

Source: AdvancedBiofuels, 12 July 2011

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