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Christian Century, May 29, 2007
CORNUCOPIA: Filling up the 25-gallon tank of an SUV with pure ethanol requires over 450 pounds of corn--enough to feed a person for a year. The increasingly popular use of ethanol as a substitute for petroleum is already increasing the cost of food, which is likely to adversely affect poor people around the world.
This spring, corn futures rose to their highest levels in 10 years. Corn prices are also affecting the cost of other foods, since farmers are growing more corn and less wheat, soybeans, rice and sugar beets in order to take advantage of the increased price for corn. In Mexico, the cost of tortilla flour doubled in late 2006. Mexico gets 80 percent of its corn imports from the U.S., where corn prices had gone from $2.80 to $4.20 a bushel in recent months. Several studies have concluded that the caloric consumption of the world's poorest people drops by half of 1 percent for every 1 percent increase in the price of major food staples (Foreign Affairs, May/June).
COPYRIGHT 2007 The Christian Century Foundation
COPYRIGHT 2008 Gale, Cengage Learning
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