Civil Eats

Corn prices peaked during the run up to the 2008 economic crisis at $7.88 per bushel and as the prices of corn and other commodities rose we saw food riots worldwide. Commodity prices soon came back the earth — corn is currently trading at about $4 a barrel. Given that we’re in the middle of an anemic recovery, you’d think spiking food prices are thankfully the last thing we have to worry about.

Not so, say a pair of economists from University of Illinois (via Phil Brasher of the Des Moines Register). In an analysis of past growing seasons, they suggest that commodity corn prices could reach $7 by summer. The reason for the potential coming price spike? Would you believe ethanol? Read More

Last week, the European Commission made the decision to allow three types of genetically modified corn to enter the European Union, where genetically modified organisms (GMOs) have been banned in six countries (Austria, France, Germany, Greece, Hungary and Luxembourg), and where zero tolerance has been the rule for GMOs in imported grains. The decision seems to have come on the heels of numerous shipments of grain to be used for livestock feed being turned back in previous months because of contamination by these and other varieties.

In other words, the European authorities seem to be throwing up their hands, acknowledging the impossibility of avoiding contamination of the various types of grains being shipped around the world in containers that are never cleaned in between routes. Bryan Endres, an agriculture law professor at the University of Illinois, had this to say in an article in the New York Times on Monday: Read More