The Guardian is reporting that the upcoming G8  summit will announce a New Alliance to increase food security and nutrition, apparently with  a focus on Africa.  This will be a useful offset to US biofuels policy--the Washington Post this morning reported that 39% of the US corn crop is headed for ethanol--which tends to increase food price levels and volatility by linking food crops to energy prices and volatility.  Details are forthcoming, hopefully this weekend.

Leave a Reply.