A study by the Bureau of Labor Statistics showed that the price increase for milk, cheese, meat, ice cream, eggs and malt beverages in April 2006 with April 2007 was 3.0 percent, vs a 25-year annual inflation rate of 3.0 percent.
The Houston Chronicle, PBS NewsHour and other media outlets have linked biofuels to food price increases, responding to a campaign launched by the American Petroleum Institute and other oil-producer associations.
In Washington, the US Bureau of Labor Staistics reported that every time oil prices go up 10 percent, 150,000 US jobs are lost, and said that "Employment has fallen by 1.2 million in the first 10 mont...
Morningstar analyst Ann Gilpin, on ethanol mandate rollbacks: ''Consumers are starting to get restless and Washington is starting to listen. If you sell one product and the only reason there's a marke...
In Washington, the Earth Policy Institute released a report calling the US's focus on ethanol "misguided effort to reduce its oil insecurity," and said that the consequences will be hunger and malnutr...
In Washington, the president of the Earth Policy Institute said that 30 percent of the US corn crop will be used for ethanol in 2008 and will lead to price increases for food prices. Lester Brown told...
"The days of cheap food may be over," said Benjamin Senauer, co-director of the University of Minnesota's Food Industry Center. His remarks come as food prices rose in 2007 at double the typical infla...
U.S. ethanol production capacity reached 7.5 billion gallons by the end of 2007, a 40 percent increase over 2006. National production capacity will increase to 13.3 billion gallons at 136 facilities i...