Biofuels 'cause pasta price hike'
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The cost of pasta in Italy is set to rise because durum wheat is increasingly being used as a bio-fuel, manufacturers say.
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Business & money: Price of meat and dairy products likely to increase significantly this autumn, analysts say.
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The rapidly growing biofuel industry will push farm commodity prices higher in coming years, a study says.
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WASHINGTON -- A push from Congress and the White House for huge increases in biofuels, such as ethanol, is prompting the oil industry to scale back its plans for refinery expansions. That could keep gasoline prices high, possibly for years to come.
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US producer prices shot up 1.7 percent last month, the biggest gain in nearly 15 years and well above expectations, as energy costs skyrocketed and food prices surged, a government report showed on Tuesday.
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U.S. producer prices rose a  steeper-than-expected 0.5 percent last month as food prices  jumped, the government said on Tuesday, leading markets to  boost bets for another interest rate hike from the Federal  Reserve.
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Biofuels, championed for reducing energy  reliance, boosting farm revenues and helping fight climate  change, may in fact hurt the environment and push up food  prices, a study suggested on Tuesday.
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Soaring energy costs and a surge in food prices contributed to a 1.7 percent rise in United States producer prices in October, the Labor Department reported today, the biggest gain in almost 15 years.
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Not green, not clever Biofuels are not the magic answer to oil shortages or global warming.â¦
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Biotechnology might be used to boost  the energy output of crops used in making renewable fuels, a  U.S. Agriculture Department advisory committee said on  Wednesday, noting the sharp rise in demand for the fuels.
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The Sri Lankan government raises bus fares, energy and food prices, amid a hike in diesel costs, reports say.
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Rising food costs helped push prices up for a second straight month, more than offsetting a moderation in energy price increases as inflation showed signs of gaining steam.
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Japanâs wholesale inflation accelerated in June as oil and other commodity prices rose, prompting food and packaging companies to pass on costs to clients.
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A U.N. expert on Friday called the growing practice of converting food crops into biofuel "a crime against humanity," saying it is creating food shortages and price jumps that cause millions of poor people to go hungry.
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Consumer groups call one-day pasta-buying boycott in protest at increasing costs that have seen its price rise by almost 20%.
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Flatbread prices rising in Mexico Demand for eco-friendly bio-fuels in the US is being blamed for a massive rise in the price of corn in Mexico. The recent 400 per cent increase in the price of a tortilla has driven thousands of Mexico's poorest people onto the streets in protest.â¦
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High fuel prices are beginning to change consumer behavior and business fortunes now in a way that they hadnÂt at the beginning of the summer.