With tight global supplies and global food inflation at the highest levels in many years, there is renewed criticism of biofuel policies that divert food and feedstuffs to produce fuels. Biofuel proponents argue that biofuel policies enhance energy self-sufficiency and reduce GHG emissions. This session reviewed the growth in global biofuel production and examined its impact on demand and market prices for grain and oilseeds.

Programme

• Welcome: Joseph Glauber, Senior Research Fellow, IFPRI and AMIS Secretary ad interim
• Market Developments and Medium-Term Projections for World Biofuel Markets (OECD-FAO Agricultural Outlook 2022-2031): Lee Ann Jackson, Head of Division, Agro-food Trade and Markets, Organisation for Economic Co-operation and Development (OECD)
• Biodiesel trends: Siegfried Falk, Co-Editor, Oil World
• Trends in US Ethanol Production: Patrick Westhoff, Director, Food and Agricultural Policy Research Institute at the Universtity of Missouri (FAPRI-MU)

Discussants

• Justyna Wrobel, Team Leader, DG AGRI, European Commission
• Marcelo Fernandes Guimarães, General Coordinator of Studies and Information, Ministry of Agriculture, Livestock and Food Supply, Brazil

Moderator

• Seth Meyer, Chief Economist, USDA and AMIS Chair