It doesn’t look like it:
The recent price rally in farm commodities such as grains, oilseeds and sugar beet can be attributed partly to higher biofuel demand but their share of the blame has been exaggerated, a top official of the Organisation for Economic Cooperation and Development (OECD).
Loek Boonekamp, a division head in the Agro-food Trade and Markets Division at the Paris-based OECD, said the surge in farm product prices — with cereals more than doubling last year — would have happened even without the rise in biofuel production.
“Closing your eyes and blaming the current high prices to biofuels is just too simplistic,” he told the Reuters Global Agriculture and Biofuel Summit.
The deniers want to blame the people trying to save our planet and ourselves for all the problems. The flaw in their logic is that it’s false. Now we have proof coming that their claims are baseless, and that proof is from a food manufacturer. Of course they will try to spin this some other way.