Growing bio-fuel demand underpinning higher agriculture prices

04 Jul 07

Increased demand for bio-fuels is causing fundamental changes to agricultural markets that could drive up world prices for many farm products, according to a new report published by the OECD and FAO. The OECD-FAO Agricultural Outlook 2007-2016 says temporary factors such as droughts in wheat-growing regions and low stocks explain in large measure the recent hikes in farm commodity prices.
http://www.fao.org/newsroom/en/news/2007/1000620/index.html
http://www.reuters.com/article/environmentNews/idUSL0484629820070704?feedType=RSS&sp=true
http://biopact.com/2007/07/oecd-fao-outlook-growing-bio-fuel.html
http://www.iht.com/articles/2007/07/04/business/oecd.php
http://www.nzherald.co.nz/category/story.cfm?c_id=16&objectid=10449868
http://www.hindu.com/2007/07/05/stories/2007070551230900.htm

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