Biofuels lead to a new kind of foodcrisis?
The role of biofuel policies in the food-price hikes has become particularly controversial. The rapid increase in demand for and production of biofuels, particularly bioethanol from maize and sugarcane, has had a number of effects on grain supply-and-demand systems. Expanded production of ethanol from
maize, in particular, has increased total demand for maize and shifted land area away from production of maize for food and feed, stimulating increased prices for maize. Rising maize prices, in turn, haveaffected other grains. On the demand side, higher pr ices for maize have caused food consumers to shift from maize (which is still a significant staple food crop in much of the developing world) to rice and
wheat.
On the supply side, higher maize prices made maize more profitable to grow, causing some
farmers to shift from rice and wheat (and other crop) cultivation to maize cultivation. These demand- and
supply-side effects have tended to increase the price of rice and wheat and other crops
Related news
Related news
EU Sees 2% Growth In Ice Cream Production In 2024: Eurostat
Ice cream production in the EU increased by 2% year-on-year…
Read more >Oatly Is Launching A Ready-To-Drink Matcha Latte Oat Milk This Summer
Oatly is the latest plant-based milk brand to launch a…
Read more >The Hungarian Central Statistical Office (KSH) reported better-than-expected GDP data
In Q2 2025, Hungary’s GDP figures published by the HCSO…
Read more >