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April 14, 2008 | Jim Lane | Comments 0

Montana Farm Bureau Federation chief says energy, not farmers, cause of rising food prices

The Montana Farm Bureau Federation has lashed out at media reports linking the rise in food prices to ethanol. MFBF President Dave McClure told Western Farm Stockman that “less than 10% of the U.S. corn crop is used for corn-based foods consumed by humans, such as corn meal, cornstarch and breakfast cereals,”  and that grains account for 2 percent of the cost of corn flakes and 16 cents of the cost of a loaf of bread. Runaway energy prices, he said, are the culprit.

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