# Green-Fuel Push Stirs Food Inflation Fears in Rebound From Virus

> Bloomberg reports that the push for greener fuels is colliding with rising food prices as countries recover from the pandemic. Corn, soybeans, palm oil and sugar are being processed into biofuels, adding to a broad commodities rally. Central banks face pressure over inflation.

- Date: 2021-05-21 · published 2021-05-21T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/46971-green-fuel-push-stirs-food-inflation-fears-in-rebound-from-virus
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Biofuel-driven demand for feedstocks is pushing up corn, soybean oil and palm oil prices, which raises feed and food costs.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-05-20 | [The race for green fuel is on](https://feedsoft.ai/events/46967-the-race-for-green-fuel-is-on.md) | -4.4% | +4.0% |
| CORN | 2017-02-27 | [Groups Call Food-vs.-Fuel Fight Truce](https://feedsoft.ai/events/72594-groups-call-food-vs-fuel-fight-truce.md) | +2.1% | -1.5% |
| CORN | 2025-12-01 | [Extracting More from Each Bushel: Corn in Fuel & Feed Use](https://feedsoft.ai/events/21617-extracting-more-from-each-bushel-corn-in-fuel-and-feed-use.md) | +0.3% | +0.3% |
| CORN | 2023-09-14 | [Canada Passes Clean Fuel Regulation \| O&E Online](https://feedsoft.ai/events/15279-canada-passes-clean-fuel-regulation-o-and-e-online.md) | -6.5% | -5.7% |
| CORN | 2021-12-07 | [Mali suspends grain exports amid fears of food shortages](https://feedsoft.ai/events/43676-mali-suspends-grain-exports-amid-fears-of-food-shortages.md) | -0.5% | -0.0% |
| SOY | 2021-05-20 | [The race for green fuel is on](https://feedsoft.ai/events/46967-the-race-for-green-fuel-is-on.md) | -2.3% | -13.6% |
| SOY | 2022-04-28 | [Legislation passage fuels growth in biodiesel](https://feedsoft.ai/events/15404-legislation-passage-fuels-growth-in-biodiesel.md) | -3.3% | -2.6% |
| SOY | 2021-09-01 | [US soy: Renewable diesel not a food-versus-fuel issue \| 2021-08-31  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/44937-us-soy-renewable-diesel-not-a-food-versus-fuel-issue-2021-08-31-agri-pulse.md) | -2.2% | -1.2% |

## Sources

- energyconnects.com: https://www.energyconnects.com/news/oil/2021/may/green-fuel-push-stirs-food-inflation-fears-in-rebound-from-virus/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.