The fallout is affecting developing world food costs, biodiesel ideas and much more.
And, here in the U.S., the push for corn-based ethanol has put a smaller, but similar, crimp in soybean oil prices.
This shows why government stats that exclude food from “core inflation” are also idiotic.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
January 19, 2008
Palm oil prices continue to soar, along with other food oils
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