James F Oehmke
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G8 announces New Alliance

5/14/2012

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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.
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    James F Oehmke

    My biases are socially liberal and fiscally conservative, but I try to present objective economic analysis and interpretation in my blog.

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