Financial Times FT.com

Tyson warning in food-versus-fuel debate

By Doug Cameron in Chicago and Eoin Callan in Washington

Published: November 13 2006 16:45 | Last updated: November 13 2006 16:45

Tyson, the world’s largest protein producer, on Monday weighed into the food-versus-fuel debate with a warning that ethanol-driven corn prices would push up the cost of beef and chicken for US consumers.

Rising ethanol production has driven corn prices to record levels despite two good harvests, raising fears that the fuel additive would squeeze out the availability of grain for animal feeds.

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