Financial Times FT.com

Tyson warns on food versus fuel conflict

By Doug Cameron in Chicago

Published: January 29 2007 14:08 | Last updated: January 29 2007 23:04

Tyson, the world’s largest protein producer, on Monday warned that boosting US ethanol production would spill over into higher global food prices.

The US group said consumers would bear the brunt of domestic price increases being pushed through to compensate for the near-doubling of corn costs last year, spurred in part by the competing claim on the crop to make ethanol.

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