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Joined: 9/24/2005
Posts: 2075
Posted on Thursday, July 19, 2007 11:17:57 AM
 
http://www.globeinvestor.com/servlet/story/GAM.20070719.RINFLATION19/GIStory/

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The biofuel effect: We burn what we eat

CANADA: CHILLED

The increase in corn prices, a staple animal feed but also in demand as an ethanol base, has helped fuel a 4.6-per-cent rise in the price of meat and a jump of 3.7 per cent in the price of milk, ice cream and cheese.

INDONESIA: STEAMING MAD

Indonesians are eating their rice boiled instead of fried in oil because high biofuel demand has made palm oil unaffordable. Palm oil futures in the region have surged 80 per cent since the beginning of last year.

MEXICO: THE TORTILLA CRISIS

Prices for tortillas, a staple of the Mexican diet, tripled in the winter as U.S. ethanol demand drove up corn prices. Street protesters said profiteers were ignoring President Felipe Calderone's pleas for price caps.

ITALY: MORE DOUGH

The price of durum wheat rose 30 to 40 per cent this year, causing Italian pasta makers to fear their industry is on the brink of a crisis. Drought and the demand for wheat for use in biofuels has pushed international prices to their highest in a decade. Italy's Barilla, the world's largest pasta maker, has raised its prices for bakery products and like many other producers plans to increase its pasta prices this fall.

GERMANY: IN A FROTH

Germans are paying more for their favourite beverage. Barley prices have doubled in two years as German farmers abandon the grain in favour of crops that can be used in biofuels. Organizers of Oktoberfest in Munich say revellers will have to pay up to $10.70 (U.S.) for a one-litre mug, the most expensive price yet.

NORTH AMERICA: BY THE EARS

The fast-growing corn-based ethanol sector has caused the price of corn to double in the past year as more of the grain is diverted away from food and into biofuel.

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Joined: 6/24/2003
Posts: 4747
Posted on Thursday, July 19, 2007 3:01:31 PM
 
Ну и хрен с ним. Уж лучше пусть фармеры маживаются, чем пидоры из Шелл и Ессо
Joined: 6/15/2007
Posts: 409
Posted on Thursday, July 19, 2007 3:09:08 PM
 
Нихуа не верю в баёфйул. Пока термояд не поставят на поток, то ойл экзэкьйутивы, то ЦЕО гигантских корпоративных ферм, то гондоны в правительстве будут гешефты крутить.
Joined: 6/24/2003
Posts: 4747
Posted on Thursday, July 19, 2007 3:17:33 PM
 
Бразилия, говорят, уже в полный рост на этаноле катаецца. Есть тут бразильцы?
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