Joachim von Braun, director general of the U.S.-based International Food Policy Research Institute supports a moratorium on grain- and oilseed-based biofuels but not for sugar-cane-based fuels.
Sugar-cane is the source of many sweeteners used in breakfast cereals and soft drinks. We should start seeing those prices begin to shoot up.
I looks like we are just going to have to find another alternative to the biofuels sources.