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Bioenergy demand, agricultural markets and food security

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  • Joseph Schmidhuber

Abstract

This paper examines the impact of rising demand for bioenergy on agricultural markets and prices. It reviews quantitative assessments of bioenergy potential and concludes that demand for bioenergy is significant enough to create a change in the traditional paradigm for global agriculture, which has been characterized for dec-ades by robust supply growth, slowing demand and falling real prices for agricul-tural products. It then assesses the competitiveness of selected agricultural feedstocks in the transportation and heating fuel markets and identifies the resulting floor and ceiling prices for agricultural products. Based on the likely price effects in the food and energy markets, it assesses the impact of rising bioenergy production on food se-curity, differentiating between effects on the availability, access and stability of food supply.

Suggested Citation

  • Joseph Schmidhuber, 2008. "Bioenergy demand, agricultural markets and food security," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 1, March.
  • Handle: RePEc:rar:journl:0070
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    More about this item

    Keywords

    Bioenergy; Food Security; Agricultural Markets;

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

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