Click on the headline for more. Being a neutral news source, Reuters just gives the facts without the fucking outrage I have on the subject.
The following are facts about biofuels production as world leaders meet in Rome this week to discuss the global food price crisis.
* The most important biofuel is ethanol, a substitute for gasoline, which is mainly produced from grains and sugar crops.
* The two largest producers of ethanol are the United States and Brazil although there is also growing production in the European Union.
* The U.S. makes ethanol from corn, a crop for which it is by far the world's largest producer with output more than twice that of nearest rival China.
* Ethanol makers will use 4 billion bushels, one-third of this year's projected U.S. corn crop, to produce the fuel during 2008/09, the U.S. Department of Agriculture estimated earlier this month.
* Corn prices have risen sharply during the last two years and currently stand at more than $6.00 a bushel on the Chicago Board of Trade compared with about $2.50 in June 2006.
But don't forget. Taking that much food out of the market couldn't possibly have any affect on the goddamn prices. I'm afraid you're just imagining that.
Note: Headline links to source.