World demand for biodiesel bodes well for canola

For good or ill, oilseed and grain growers now have their fortunes tied to the energy market, says a renowned international trend watcher. The rise of biofuels has fundamentally altered the business of agriculture and not just by pushing up market prices, economist James Fry, chair of LMC International, a leading international consulting firm, told



The rains caused economic pain in England

Wheat production will plummet while livestock producers are being hammered by the 
sky-high cost of 
imported feed

Reuters / Last year’s record rains will squeeze Britain’s farmers well into 2014 and force makers of bread and biofuels to buy more costly imports. Production of wheat is set to fall to its lowest level in more than a decade this summer, forcing purchases of bread-quality grain from Europe and North America. Livestock farmers


Ethanol eyed for lowering U.S. surplus sugar mountain

Reuters / The U.S. government is readying a tool created during last decade’s biofuels craze — a never-used program to sell sugar at a loss to ethanol makers — as a way to whittle a looming sugar surplus down to an affordable size. The sugar-for-ethanol program could be a lower-cost way for the Agriculture Department

Continued uncertainty for hog producers in 2013

After a six-year period of poor profitability, Canadian producers are on a knife edge, especially those in the West. With the hog price at around $1.45 and production costs of at least $170 per hog, they have been bleeding cash over the winter. And now the latest census data suggests that the supply of hogs


Policy shift needed to tap Africa’s farm potential

Reuters / Africa’s agricultural sector could become a $1-trillion industry by 2030 if governments and the private sector radically rethink policies and support for farmers, a World Bank report said March 4. Africa’s food market, currently valued at $313 billion a year, could triple if farmers modernized their practices and had better access to credit,

Analysis: Are we near peak biofuels?

It is now clear, depending on where the boundary is set in life-cycle estimates of carbon emissions, 
that some biofuels offer limited or no benefits compared with conventional gasoline

London / Reuters / A stalled biofuel industry will need to produce far more efficient fuels to avoid setting off another bout of arguments over its contribution to boosting energy security and cutting carbon emissions. Biofuels had a difficult 2012. In the United States, Energy Information Administration data show production through November fell compared with


Think-tank sees U.S. ethanol output slump in 2012-13

U.S. ethanol makers will produce 12.6 billion gallons of ethanol this marketing year, well below the federal target for use of the renewable fuel, because of high corn prices due to drought, said the influential think-tank Food and Agricultural Policy Research Institute March 8. “Production recovers in 2013-14 because of lower corn prices and the

Ag Canada predicts good times will continue in farming

The federal government expects grain and oilseed prices to stay high, input inflation to moderate and a rebound for cattle and hog producers


Strong commodity prices and healthy world demand have put Canadian farmers in an enviable position, says Agriculture and Agri-Food Canada in its annual crystal ball look at the industry. Net income for most producers will be at or above record levels once all the data for 2012 is added up, thanks to better-than-forecast crop prices