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March 25, 2009 | Jim Lane | Comments 0

Today in Biofuels Opinion: “It’s disingenuous to consumers that all commodity costs are coming down, interest rates are coming down, everything is coming down, and the national brands are taking their prices up.”

Sen. Charles Grassley of Iowa: “An article in the Los Angeles Times on March 2 stated, “One large grocery company operating in Southern California has seen the wholesale price for a carton of Kellogg’s Corn Pops rise about 17 percent since June – despite a 52 percent plunge in corn prices from their peak that month.” The chief executive for Safeway was quoted as saying, “It’s disingenuous to consumers that all commodity costs are coming down, interest rates are coming down, everything is coming down, and the national brands are taking their prices up.” The chief executive for Supervalu described the situation as a “battleground” with manufacturers right now over prices. I’m pleased to see others in the food supply chain call on these food producers to lower prices in light of the large drop in commodity prices.”

12 US Senators to EPA Administrator Lisa Jackson:  “Because land use changes such as deforestation can result in very large GHG emissions, it is possible that future domestic and international climate change policies will include major provisions restricting land use changes. Indeed, that may be the most appropriate and effective way to reduce GHG emissions associated with land use changes. At the same time, these land use restrictions in future international climate change policies are a major factor whose effects cannot be quantified until they are adopted. And yet, ignoring them introduces a major uncertainty into quantifying the ILUC components of life-cycle GHG emission calculations for biofuels today.”

Senator Tom Harkin
Senator Charles Grassley
Senator Kit Bond
Senator Sam Brownback
Senator Bob Corker
Senator Kent Conrad
Senator Tim Johnson
Senator Claire McCaskill
Senator Ben Nelson
Senator Pat Roberts
Senator Jon Tester
Senator John Thune

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