New biofuels offer hope to hungry world
By James Melik Reporter, Business Daily, BBC World Service
The poorest people in the world face additional hunger as the price of staple foods soar. The growth of crops in 2012 has been badly affected by drought in the US and Russia and prices have risen 50% since June. According to a report about the hike in food prices, from the international agency Oxfam, 40% of US corn stocks are currently being used to produce fuel.
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