...First it was tortillas in Mexico, then it was Frosted Flakes in America and recently German beer
...Peter Hahn, director of the German Brewers' Federation, said the popularity of biofuel crops has also led to a drop in the farming of barley because farmers get double the subsidies for biofuel. The result: the price for a ton of malt has doubled this year.
From Der Spiegel
Climateer Investing had a post on the German beer crisis back in May with commentary on the geo-political ramifications. A couple exerpts:
"Beer prices are a very emotional issue in Germany ..."
"Shut up. You've got your beer, haven't you?"
Hermann Goering during the 1923 Beer Hall Putsch