'"More people are coming to the conclusion that there is a food-fuel link," says Siwa Msangi of the International Food Policy Research Institute (IFPRI), a Washington food-security research organization. Bruce Babcock, an economist at Iowa State University's Food and Agricultural Policy Research Institute says biofuels play a role in higher grain prices.His findings are bolstered by a study last month in which Mr. Msangi's IFPRI estimated that future biofuel expansion could increase international corn prices between 26 and 72 percent by 2020, depending on how aggressive the expansion turns out to be.'
Read the full story: As global food costs rise, are biofuels to blame?
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