Mexican President Says No To Biofuels Law

The law was approved by Congress in April and has broad support from the agricultural industry in Mexico. Farmers responded to the veto by saying that Mexico will now have to import ethanol and pay more for it.
Corn and sugarcane-based ethanol have increasingly come under fire in the developing world out of fear that they will compromise world food security and push up international food prices. Mexico saw corn tortilla prices shoot up earlier this year, an indirect result of the increasing demand for corn-based ethanol in the United States. ::Via SciDev.net