- President signs Platte River recovery measure
- Sign-up period for conservation program extended
- Report: Kansas farm income more than doubled in 2007
- Nebraska wheat forecast down 3 pct from 2007
- 2008 Hard Red Winter Wheat Crop Tour Results
- Montana reaction to farm bill agreement
- AFBF Steps in on Food Versus Fuel Debate
- S.Korea says it may seek to rework U.S. beef deal
- Wheat tour finds central-Kansas wheat thriving
- Nelson signs letter backing ethanol requirements
- Big Question Yet To Be Answered
- More Humane Society Video Released
- Schafer Responds to Animal Cruelty Video
- Feingold: Energy Market Oversight Included in Farm Bill
- NFU Pitches Carbon Credit Program to Senate Committee
- Farm Bill Meetings Behind Closed Doors
- National Sorghum Checkoff approved
- South Korean president pledges to suspend imports of US beef if it endangers health
- Subcommittee Looks at Fuel and Food Debate
- NCGA Calls on Congress to Make Stronger Biofuels Commitment, Not Back Away
- Feed Costs Force Cutbacks
- Grassley: Stop Filling Strategic Petroleum Reserve
- Another Meat Recall
- World Watching U.S. Corn Crop
- US Senate expected to boost food aid funds in 2008
- US wants to finish Doha round on Bush's watch-Schwab
- US pork prices hit 10 month high, may rally further
- US Senate Democrats unveil new energy tax plan
- US urged to consider effect of ethanol on the poor
- Homeland Security wins control over foot-and-mouth research
- Company markets DNA-traceable meat technology to retailers
- Livestock Handling Education Materials Available
- Russia OKs Importation of U.S. Livestock
- CSP Deadline Extended
- EU says WTO progress has to happen now
- Immigration Hearing Begun
- Ibach and Olsen Receive CASNR Alumni Awards
- Argentine farmers to halt grain sales until May 15
- UN says 60 pct extra food aid funds secured for 08
- US business presses India for more WTO concessions
- Argentine farm talks stumble on export taxes
MEXICO CITY, May 7 (Reuters) - The United States should consider spiraling food prices that hurt the world's poor when it sets policies that are funneling much of its corn crop into biofuel production, the World Bank said on Wednesday.
Global food prices for staples like wheat and rice have surged in recent years, causing hunger, riots and hoarding in poor countries. The trend is typically blamed on a combination of factors like higher food consumption in fast growing economies like China, and on bad weather that has hit crops.
But a global push to ramp up ethanol production is also seen pushing prices higher, and World Bank President Robert Zoellick said the United States should take this into account.
"The country has to assess the effect of that on the overall set of humanitarian issues in terms of the price of food products," Zoellick told a news conference in Mexico City.
The U.S. government says corn-based ethanol, which can be used as a substitute for gasoline, can help reduce U.S. dependence on oil from unstable countries.
The U.S. Congress last year passed legislation that would require the country's gasoline supply to include 36 billion gallons of renewable fuels by 2022. At the moment, more than a quarter of the U.S. corn crop is turned into biofuel.
President George W. Bush said last week he still supports the U.S. ethanol push and that the U.S. ethanol industry is responsible for only a small part of food inflation.
But Zoellick urged more discussion on the subject. "The biofuel issue is one worthy of analysis and debate," he said.
The World Bank last week pledged along with U.N. agencies to set up a task force to tackle soaring global food prices.
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