A report from the Agricultural Economics Research Institute (LEI) in Wageningen (Netherlands) gives an assessment of the impacts of the EU (European Union) Biofuels Directive (BFD) on agricultural land use, prices and diversity. The following are some highlights of the report: (1) incentives to increase (biofuel) feedstocks in the EU will likely result in increases in land prices and farm incomes, (2) the EU will not produce all the biofuel feedstocks needed for compliance with the BFD; consequently, land abundant countries in South and Central America will see expansions in biofuel crop production/land use, due to increased imports to the EU, (3) mandatory blending of biofuels will be necessary to achieve the Biofuel Directive targets in 2010 or 2020, (4) in order to meet economic and environmental objectives, biofuels (feedstock and processing) must be competitive; therefore, investments in research and development  “are needed to obtain higher yields or better conversion technologies”. The full report can be accessed at the above URL..