Originally Posted by
LostInAmerica
Don't forget about the impact of bio-fuels on the increase in food costs. With oil prices continuing to rise, the demand for bio-fuels is increasing rapidly and they compete for the same resources we use for food.
I'd like to know if this is the case.
It would seem to be the big difference in the US v other countries in relation to factors affecting food commodity prices.
How has ethanol farming impacted on supply of key food commodities, which could affect the food markets?
Though rising fuel prices affect the rich more in $ than the poor in the beginning, food inflation affects everyone and already has proven to be a major political issue around the world.
More so than the oil price, IMO.
Strictly on topic: What items have increased in price, in your day-to-day dining?
Nothing much, here (excluding grocery increases).
