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April 18, 2011

The rush to use crops as fuel raises food prices and hunger fear.

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.

Each year, an ever larger portion of the world's crops cassava and corn, sugar and palm oil is being diverted for biofuels as developed countries pass laws mandating greater use of non-fossil fuels and as emerging powerhouses like China seek new sources of energy to keep their cars and industries running. Cassava is a relatively new entrant in the biofuel stream. Read more ...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine and International Milling Directory from Perendale Publishers
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