Global food prices are at highs last reached in 2007-08 and 2011-12, when a sharp rise in global biofuel production sparked the “Food vs. Fuel” debate. In this Commodities Watch, we find that, although the factors which drove this growth in biofuel production are also present today, governments are likely to prioritise other energy sources. As such, biofuel production poses little threat to food prices.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.