Interesting facts.MarketwireCanadian Renewable Fuels Association (CRFA)April 11, 2008 - 02:59:23 PMFuel Food Reality CheckOTTAWA, ONTARIO--(Marketwire - April 11, 2008) - Here are the facts on recentincreases in fuel and food.FACTS:- Over the past year, oil prices have jumped by nearly 100%.- In 2007, food prices increased by about 4% overall.- In 2007, the same year the U.S. produced a record amount of ethanol fromcorn, the U.S. increased it surplus of corn to more than 1.4 billion bushels.In a record ethanol year, the U.S. actually fed more of the world byincreasing its exports of corn by 6%.- Food marketing costs now account for 80% of the cost of food. Marketingcosts are the difference between the farm value and consumer spending for foodat grocery stores and restaurants.- Corn accounts for less than 5% of the price a box of corn flakes.- The price of rice is now up 77% since October. Rice is not used is theproduction of biofuels. Corn for ethanol cannot be grown in rice paddies.- As a whole, fish prices are up. Fuel prices account for approximately60%-70% of operating costs of fishermen. Fish are not used in the productionof biofuels.- An increasing amount of biofuels are produced from nontraditional feedstockssuch as waste products from the beverage, food, and forestry industries. Inthe very near future, biofuels will be produced from agricultural residuessuch as grain straw, sugarcane bagasse, corn stover, municipal solid waste,and energy crops such as switchgrass and algae.FOR FURTHER INFORMATION PLEASE CONTACT: CRFA Robin Speer Vice President, Public Affairs (613) 295-6485 Website:www.greenfuels.org