Canada Well Positioned To Capitalize On Growing Food Demand

When, in 1965, Bob Dylan wailed, I ain t gonna work on Maggie s farm no more, he was echoing the mental picture almost all of us have about conditions on the farm. The dirty thirties largely spawned the identification of farming with grinding poverty, primitive technologies and capricious commodity prices, and the image has

Conference Board Of Canada Says Ethanol Doesn’t Deserve Its Bad Reputation

co-operator contributor / ottawa Using crops to produce ethanol hasn t raised food prices and it positions Canada for a strong bioeconomy, according to a new report from the Conference Board of Canada. What s more, next-generation technologies, flex-fuel vehicles, and supporting policies could extend the role ethanol plays in Canadian transportation and manufacturing, adds


ADM To Build Canola Biodiesel Plant In Canada

briefs reuters / U.S.-based agribusiness Archer Daniels Midland Co. said Nov. 14 that it would build a 265-millionlitre biodiesel plant in Lloydminster, Alta. The plant would crush canola, Canada s second- biggest crop after spring wheat, and boost ADM s North American biodiesel production capacity by 50 per cent. ADM said it would start building

Corn 2012 Output Under Threat From Rising Inputs

Convent ional wisdom holds U.S. farmers will boost corn production next year because of historically high prices, robust end-user demand, and low global inventories. But corn prices, off their highs by more than $1 a bushel, are now only 12 to 13 per cent above year-ago levels, and input costs are on average 25 per


Corn Market Sends Confusing Signals

U.S. corn farmers are receiving conflicting signals from the cash and futures markets on whether to sell or store their grain. On the one hand, firm cash basis levels seem to suggest that corn demand is in better health than the futures market may imply, and could be a sign that growers should lock down

Better Times Ahead For Hog Producers?

So far this year, Canadian producers have had their best period of profitability in the last five years, a relief for those who survived a four-year period of unprecedented hardship, with low hog prices and high feed costs. With market hogs fetching up to $200 a head and sometimes more during the summer, the only


Traders Struggle To Get A Handle On Stocks

Grain traders were moaning recently about how the latest grain stocks report surprised the corn market with higher-than-anticipated corn inventories. Some even suggested that perhaps the USDA misreported how much grain was stored privately by farmers. But as a proportion of total on-farm storage capacity, U.S. corn farmers actually stored the lowest amount of their

Booming Ethanol Biz Alters Corn Use Patterns

U. S . A g r i c u l t u r e Department officials faced criticism over recent forecasts that have roiled the grains market, saying that the explosive growth of the ethanol sector had upended traditional patterns. The robust growth of the ethanol sector in the last few years has altered the


Jets Have A New Bud

BRIEFS Co-operator staff They ve got an official potato chip, and now the Winnipeg Jets have an official brewski to go with it. Budweiser an official partner of the team is bringing out a limited-edition beer, dubbed the Welcome Back Brew, to celebrate the return of the NHL to Manitoba. The company brought large, water-filled

Agribusiness Giants Can’t Escape Market Volatility

You know commodity trading conditions are tough when even firms that sit on both the buy and sell sides of a market still suffer hefty losses. Such was the case with 140-year-old agribusiness giant Cargill, which recently reported a 66 per cent drop in earnings in the latest quarter over year-ago levels due to global