Originally Posted by 
JDNSW
				 
			I rather think that attributing recent increases in food prices to increased biofuel production is rather simplistic - given that Australia (one of the world's major food exporters) has been in the grip of drought for nearly eight years, it is likely that this plus the increasing imports of food to China and India to feed their increasing population and rising living standards are the main factors behind the increased prices (which, incidentally, are saving quite a few Australian farmers from ruin). 
The other factor is that for forty years farm production in Europe, the US, and Japan has been heavily subsidised, depressing world food prices by making production exceed demand. With increasing world population and rising living standards as noted above, coupled with drought in Australia, and very minor effects from biofuel production, demand now looks like rising above supply, at least until the drought eases. 
In the Australian situation at least, given decent prices (taking into account increased fuel and fertiliser and chemical costs - all of which depend on oil price!), and reasonable seasons, production will increase, as it will in several other countries. It may also make it possible to grow food economically in some of the major importing countries where local farmers have been put out of business by cheap imports.
John