Wednesday, August 8, 2007

Economist Explains Higher Food Prices Caused By Higher Energy Costs

A few months ago, economist John M. Urbanchuk, a director of LECG, released a report that detailed how higher energy costs---not higher corn costs - were responsible for higher food prices for consumers.

Last week, Mr. Urbanchuk spoke in depth on the issue in Illinois. The following Q&A video allows him to address the issues surrounding the food versus fuel debate.

If the video does not display, CLICK HERE.

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