Thursday, July 17, 2008

Editorial - Man-Made Hunger - Editorial - NYTimes.com

Editorial - Man-Made Hunger - Editorial - NYTimes.com

Of those, perhaps the most wrongheaded are the tangle of subsidies, mandates and tariffs to encourage the production of biofuels from crops in the United States and the European Union. According to the World Bank, almost all of the growth in global corn production from 2004 to 2007 was devoted to American ethanol production — pushing up corn and animal feed prices and prompting farmers to switch from other crops to corn.

Long-standing farm subsidies in the rich world have also contributed to the crisis, ruining farmers in poor countries and depressing agricultural investment.

Rich countries are not the only culprits. At least 30 developing countries have imposed restrictions or bans on the export of foodstuffs. Importing countries are now stockpiling supplies, which takes more food from global markets. Export barriers also reduce farmers’ profits and discourage them from investing in more production.

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