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    • Food prices to rise as biofuel demand grows

      Posted by Jeff from Financial Times

      "Feed prices are rising, so that pushes up the costs of poultry, hogs and cattle and therefore a rancher is going to lower the size of his herd to keep costs down. In turn there is going to be less meat, which means prices are going to go up," said Mr Collins, who is responsible for the USDA's agricultural forecasts and is adviser to Mike Johanns, the US secretary of agriculture.

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