Sentences with phrase «sharply higher food prices»

In 2007 and early 2008, for example, a bumper crop of media articles blamed sharply higher food prices worldwide on the production of biofuels, particularly ethanol from corn, in the United States.

Not exact matches

But with food prices rising sharply in recent months, many experts are calling on countries to scale back their headlong rush into green fuel development, arguing that the combination of ambitious biofuel targets and mediocre harvests of some crucial crops is contributing to high prices, hunger and political instability.