Sunday, April 10, 2011

Rush to Use Crops as Fuel Raises Food Prices and Hunger Fears

By ELISABETH ROSENTHAL
Published: April 6, 2011
The starchy cassava root has long been an important ingredient in everything from tapioca pudding and ice cream to paper and animal feed.
But last year, 98 percent of cassava chips exported from Thailand, the world’s largest cassava exporter, went to just one place and almost all for one purpose: to China to make biofuel. Driven by new demand, Thai exports of cassava chips have increased nearly fourfold since 2008, and the price of cassava has roughly doubled.

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