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Growing Food Insecurity Food-to-Fuel and Other Challenges. Janet Larsen, Director of Research May 2008. Corn Futures Prices, January 1999 Through April 2008. Source: CBOT, futures.tradingcharts.com. Wheat Futures Prices, January 1999 Through April 2008.

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janet larsen director of research may 2008

Growing Food InsecurityFood-to-Fuel and Other Challenges

Janet Larsen, Director of Research

May 2008

corn futures prices january 1999 through april 2008
Corn Futures Prices, January 1999 Through April 2008

Source: CBOT, futures.tradingcharts.com

wheat futures prices january 1999 through april 2008
Wheat Futures Prices, January 1999 Through April 2008

Source: CBOT, futures.tradingcharts.com

soybean futures prices january 1999 through april 2008
Soybean Futures Prices, January 1999 Through April 2008

Source: CBOT, futures.tradingcharts.com

food price unrest around the world
Food Price Unrest Around the World

September 2007 – May 2008

Compiled by Earth Policy Institute

slide7

Source: EPI, USDA, FT

Red circles indicate export restrictions in place as of May 2008

world grainland area
World Grainland Area

Million Hectares

Source: USDA

world grainland area per person
World Grainland Area Per Person

Hectares

Source: USDA, UN

world irrigated area
World Irrigated Area

Million Hectares

Source: FAO, Worldwatch

world irrigated area per person
World Irrigated Area Per Person

Square Meters

Source: FAO, Worldwatch, UN

world grain yield annual increase by decade
World Grain Yield Annual Increase by Decade

Average Annual Increase (percent)

1950-1960

1960-1970

1970-1980

1980-1990

1990-2000

2000-2007

Source: USDA, Worldwatch

world grain balance
World Grain Balance

Million Tons

Production

Consumption

Source: USDA

world grain carryover stocks
World Grain Carryover Stocks

Million Tons

Source: USDA

u s grain use for fuel ethanol
U.S. Grain Use for Fuel Ethanol

Million Tons

Source: EPI, USDA, RFA

2008 ethanol use is a projection by Earth Policy Institute

u s grain production and use for ethanol

Grain Production

Grain for Ethanol

U.S. Grain Production and Use for Ethanol

Million Tons

*

Source: EPI, USDA, RFA

* 2008 ethanol use is a projection by Earth Policy Institute

gasoline and ethanol in the united states
Gasoline and Ethanol in the United States

Ethanol supplied less than 4% of gasoline consumption in 2007…

… but used 20% of the U.S. grain harvest.

Source: EPI, USDA, EIA

for more information
For more information:

Lester R. Brown, Plan B 3.0: Mobilizing to Save Civilization (New York: W.W. Norton & Company, 2008), www.earthpolicy.org.

C. Ford Runge and Benjamin Senauer, “How Biofuels Could Starve the Poor,” Foreign Affairs, May/June 2007.

Financial Times, The Global Food Crisis, interactive map, www.ft.com.

The Fund for Peace and Foreign Policy, “The Failed States Index 2007,” Foreign Policy, July/August 2007.

U.N. Food and Agriculture Organization, Crop Prospects and Food Situation, no. 2, April 2008.

Robert B. Zoellick, President of the World Bank Group, “A Challenge of Economic Statecraft,” Speech at the Center for Global Development(Washington, DC: 2 April 2008).

slide21

References

Chicago Board of Trade (CBOT), Market Recap Reports, at www.cbot.com.

Lester R. Brown, “World Facing Huge New Challenge on Food Front,” Plan B Update, 16 April 2008, with additional information at www.earthpolicy.org.

Financial Times (FT), “The Rising Cost of Food,” www.ft.com/foodprices, updated 5 May 2008.

Renewable Fuel Association (RFA), “Ethanol Biorefinery Locations,” at www.ethanolrfa.org/industry/locations.

U.N. Food and Agriculture Organization (FAO), FAOSTAT, electronic database at faostat.fao.org.

United States Department of Agriculture (USDA), Production Supply and Distribution, electronic database at www.fas.usda.gov/psdonline.

USDA Economic Research Service (ERS), Rice Yearbook 2007 (Washington, DC: November 2007).

USDA, Feedgrains Database, electronic database at www.ers.usda.gov/Data/FeedGrains.

U.S. Department of Energy, Energy Information Administration (EIA), Biofuels in the U.S. Transportation Sector, at www.eia.doe.gov/oiaf/analysispaper/biomass.html.