Merrill Lynch & Co has launched the MLCX Biofuels Index to track seven commodities including sugar, corn and rapeseed as well as gasoline and diesel; holdings are based on production and energy density.
Major feedstocks such as corn and wheat have seen price fluctuations of more than 200% in the past five years.
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Did you know:
The biggest reason food costs more today is fuel prices. USDA Secretar...