Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Monday, August 3, 2009

RFA: Wall Street Journal Calls Out Big Food Companies for High Prices Despite Lower Grain and Oil Costs

Biofuels Journal
Date Posted: July 30, 2009

Remember last year when the Big Food companies and their trade association the Grocery Manufacturers of America concocted a campaign to blame ethanol for higher food prices?

And do you remember all the evidence from government agencies and universities explaining that the primary causes were escalating oil prices, price speculation, bad weather conditions, and other factors?

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