Friday, November 16, 2007

Torta Me, A-Torta-You


The skyrocking price of pasta is causing panic in the streets of Italy.


This is a curious reflection of the skyrocketing price of maize and tacos and torillas in Mexico.


The reason? Biofuels.


Corn gets more at the pump than the sump and more growers are switching from wheat to corn and other biofuel producers.


Our friend Adrian Mastracci led us by the nose to this tasty morsel from CNN, MoneyNews.

1 comment:

MurdocK said...

BioFuels may be part of it David, I suspect that more of the reason is the cost of fertilizers.

We are eating oil, coming from the fertilizers.

As the price of crude rises, so too will the price of the fertilizers that are made from it, thus we get the accompanying rise in the price of the food made from those crops fertilized with oil.