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Food versus fuel debate "overblown".

Food & Drink Weekly • Nov 12, 2007 • News Briefs ...

Food versus fuel debate "overblown": The "food versus fuel debate" is an "overblown concern," according to Don Endres, CEO of major U.S. ethanol producer VeraSun Energy. He told delegates at the World Ethanol 10th anniversary conference that 46 percent of the bumper U.S. corn was used for feed, and that livestock will continue to be the main destination for this crop. He acknowledged that there had been food price inflation and that certain grain costs had increased significantly, but it was doubtful whether the recent rise in corn prices could carry the whole blame. He added that corn yields had almost doubled in recent years, and crops were now being seen in some states of up to 320 bushels an acre. This should ensure a plentiful supply for the future, he concluded.


COPYRIGHT 2007 Informa Economics, Inc. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.


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