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September 6 2012

If we want food to remain cheap we need to stop putting it in our cars


Coverage of the US drought and the run-up in corn, soybean, and wheat prices has been extensive and welcome. It has also been prone to the repetition of falsehoods and the perpetuation of myths about the causes of the food crisis and the solutions. A recent Guardian article, "The era of cheap food may be over," is a case in point. Specifically, it perpetuates the myth that the main driver of food price increases is demand for meat in fast-growing developing countries. This effectively downplays the full impact of biofuels and ignores two problems underlying price volatility: financial speculation and the lack of publicly held food reserves.

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