The Committee on World Food Security meetings held last week called for action against food price volatility. Biofuel price policies in the US and Brazil were targeted as one contributing factor to the rise of food prices worldwide. The FAO had noted in 2008 that the continued expansion of biofuel production might affect food prices as shown in this newsroom report. You can read more about biofuel and how it can affect food prices in the Price volatility and food security report assembled by a panel of experts in July of 2011.
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May 2013
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