Two US associations react to rising food prices

The National Biodiesel Board and the Renewable Fuels Association have issued statements refuting the position of many of the US food sales companies that rising food costs are being caused by rising crop prices.

They may have a point in the US which consumes a significant amount of processed food where the input of energy, marketing and transportation are big factors in the overall cost. They are also  organisations who’s members live and die by biofuels.

Here’s what Scott Faber Vice President for Federal Affairs at the The Grocery Manufacturers Association said before the Energy and Air Quality Subcommittee

Of the House Committee on Energy and Commerce
on  May 6, 2008. He takes a different view, but then his members live or die by the margin they get for the things on their shelves.


Hattip to Domestic fuel.

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