Grain production to increase

The rapid growth of the world's biofuel industry is likely to keep farm commodity prices at high levels in the next decade as it will boost demand for grains, oilseeds and sugar.

 Organization for Economic Cooperation and Development (OECD)
and the United Nations' Food and Agriculture Organization (FAO), said a boom in
the biofuel sector and the incentive of currently higher prices, global grain
output was projected to recover from the recent deficits which made countries
draw down their stocks, now projected at their lowest levels in 30 years.
The bulk of wheat and coarse grains production would
continue to be concentrated with the largest producers — the United States, the
EU and China, along with India for wheat — dominating over half of the total
world output, study said.
The bulk of wheat and coarse grains production would
continue to be concentrated with the largest producers — the United States, the
EU and China, along with India for wheat — dominating over half of the total
world output, it said.

Food vs. fuel?