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Impacts of first-generation biofuels on agricultural prices

Impacts of first-generation biofuels on agricultural prices

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Uploaded 27 Feb 2012 by GRID-Arendal
Year: 2012 Author: Nieves Lopez Izquierdo
Description:
This figure outlines possible scenarios for the impact of biofuels on agricultural prices and food security. Although there are several factors that affect agricultural prices, including seasonal variation, market speculation,and extreme weather patterns, some biofuel development scenarios indicate a relationship between agricultural prices and biofuel production. Here, the scenario projects that the largest price increase will be for cereals, with the introduction of rst-generation biofuels triggering a price increase ranging from 8 percent to over 35 percent.
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