Accelerated biofuel mandates risk tightening global crop markets through 2030: report

Accelerated biofuel mandates could intensify competition for corn, rice, sugar crops and vegetable oils through 2030, potentially raising agricultural commodity prices as governments seek to reduce their exposure to oil-supply disruptions, according to new research from Chatham House and the Forest Stewardship Council. Expanded biofuel targets could generate demand for an additional 36 million hec…