EPA's requirements for corn ethanol will drive food prices even higher after an already distressed harvest, growers warn
Some of the largest farmers in the US are warning the 
government that the mandated biofuels provisions that demand grain crops
 to be converted into ethanol for gasoline will make an impending "food 
crisis" much worse.
  
 Keith Beall harvests drought-stressed corn beyond the reach of the 
field's irrigation system, in Eatonton, Georgia. (Photograph: Erik S 
Lesser/EPA) The Guardian's Suzanne Goldenberg reports
 that "the country's meat, dairy and poultry producers called on the 
Environmental Protection Agency to suspend this year's quotas for corn 
ethanol production" because the requirement for corn ethanol production 
"was further beating up corn prices, which were already at record levels
 because of the drought in the mid-west."
"The extraordinary and disastrous circumstances created for livestock
 and poultry producers by the ongoing drought in the heart of our grain 
growing regions requires that all relevant measures of relief be 
explored," said the petition to the EPA's administrator Lisa Jackson.
Goldenberg also cites research published last week by the New England
 Complex Systems Institute warning of an "imminent food crisis" because 
of the diversion of corn stocks to ethanol.
"Necsi has warned for months that misguided food-to-ethanol 
conversion programs and rampant commodity speculation have created a 
food price bubble, leading to an inevitable spike in prices by 2013. Now
 it appears the "crop shock" will arrive even sooner due to drought, 
unless measures to curb ethanol production and rein in speculators are 
adopted immediately," the researchers warned.
#  #  #
© 2012 Guardian News and Media Limited

 
 
No comments:
Post a Comment