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IPFS News Link • Food

Soaring Food Prices Caused by Biofuel Production Putting U.S. Emergency Aid in Peril

-6-2008 • Washington Post

USAID officials said that a 41 percent surge in prices for wheat, corn, rice and other cereals over the past six months has generated a $120 million budget shortfall that will force the agency to reduce emergency operations. That deficit is projected

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Reported By Tom Westbrook

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