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More in: Diesel During a presentation at the ThinkEquity Partners Growth Conference in San Francisco, William Camp, executive vice president of Archer Daniels Midland, speculated that the popularity of biodiesel--made from vegetable matter instead of fossil fuels will tighten the supply of vegetable oils. Because agricultural prices typically fluctuate with supply levels, the vegetable oil shortage could cause food prices to rise.
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During a presentation at the ThinkEquity Partners Growth Conference in San Francisco, William Camp, executive vice president of Archer Daniels Midland, speculated that the popularity of biodiesel--made from vegetable matter instead of fossil fuels will tighten the supply of vegetable oils. Because agricultural prices typically fluctuate with supply levels, the vegetable oil shortage could cause food prices to rise.


