Asian Development Bank: Biofuels making food more expensive

(AP) -- Developed nations should stop paying agricultural subsidies to encourage biofuel production because the payments are making staple foods more expensive, the Asian Development Bank said Monday.

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<p><a href="http://www.physorg.com/news127971867.html">Asian Development Bank: Biofuels making food more expensive</a></p> <p>(AP) -- Developed nations should stop paying agricultural subsidies to encourage biofuel production because the payments are making staple foods more expensive, the Asian Development Bank said Monday.</p>