World Bank President Calls for Easing of Biofuel subsidies

In preparation of the United Nations Global Food Summit in Rome this week, World Bank President Robert Zoellick wrote a commentary piece in Friday's Financial Times outlined a 10-point plan for tackling the global food crisis, which he called "man-made." Zoellick specifically called for the U.S. and Europe to ease biofuel subsidies, mandates and tariffs derived from corn and oilseeds. He also said that our "use of corn for ethanol has consumed more than 75 percent of the increase in global corn production over the past three years.

Here is the link to the full article.