Price Spread Limiting DDGS Usage In Canada

COMMODITY NEWS SERVICE CANADA Ample domestic feed grain supplies together with high prices for corn-based DDGS (dried distillers grains with solubles) from the U.S. are currently limiting usage of the ethanol byproduct in Canadian livestock rations, according to market participants. The price spread is too wide right now, said Ryan Slozka, senior commodity trader with

Lower Grain Price And Fuel Prices Needed

Sharp declines in prices for grains and gasoline will be the most effective stimulus for renewed growth, by easing the squeeze on household finances across North America and Western Europe, but only if price cuts can be sustained. Relative declines in prices for food, clothing and fuel have been one of the big drivers of


China’s Corn Rush To Redraw Global Food Landscape

When China abandoned its soybean self-sufficiency quest almost 20 years ago and started importing the oilseed feeding its hunger for livestock, it almost single- handedly transformed the industry. Today, it s poised to do the same for corn. The world s most populous nation is expected to triple corn purchases next crop year and, by

Canadian Canola Gains U.S. Approval

The U.S. Environmental Protection Agency approved the use of Canadian crops such as canola and corn in U.S. biofuels Sept. 29, a move that lifted Canadian canola prices and may help the U.S. meet its ambitious targets for biofuels. The EPA s designation of Canadian crops as a renewable biomass will allow U.S. biofuel makers


Highs Likely In For Canola Market As Harvest Ends

column Phil-Franz Warkentin CNSC The ICE Futures Canada canola market saw some wide price swings during the week ended Sept. 30, finishing with declines after testing downside resistance on a number of occasions. On the whole, the bearish factors in the market outweigh anything supportive, but a short-covering bounce does remain a possibility going forward.

Chasing High Corn Prices, U.S. Farmers Skip Rotations

Farmer Brian Schaumburg has planted corn for five straight years in some of the thousands of acres he tends in central Illinois. Farmers who eschew crop rotations that help to replenish the soil with nutrients take a risk that yields will decline. But corn prices soared to a record earlier this year, making so-called corn-on-corn


British Energy Firm Sees Potential From Stale Pork Pies

Major British independent oil firm Greenergy sees its future as an exploration company, but one that hunts for fuel in piles of stale pork pies and cakes rather than under the ground or from food crops. The refined oil product wholesaler is still investing in the embattled European Union biodiesel sector, aiming to utilize ever

What’s Up – for Sep. 29, 2011

Please forward your agricultural events to [email protected] or call 204-944-5762. Sept. 30-Oct. 2:Manitoba Honey Show, The Forks Market, Winnipeg. For more info visit www.beekeepingmanitoba.com (click on Events ). Sept. 30:University of Manitoba Transport Institute s Fields on Wheels conference, Delta Winnipeg Hotel, 350 St. Mary Ave. Theme: Grain transportation under a new wheat marketing regime.


Corn Fungus Adds To Hard Year For U.S. Farmers

Corn farmers in some parts of the U.S. Plains are finding their newly harvested crop has to be heavily discounted or cannot be sold at all due to the presence of a vicious fungus that makes the corn dangerous to eat. The culprit is aflatoxin toxins produced by a fungus that can harm and possibly

In Brief… – for Sep. 22, 2011

Sask. harvest ahead of normal:Saskatchewan farmers had harvested 60 per cent of the overall 2011 crop as of Sept. 12, moving ahead of the five-year average of 47 per cent after a week of favourable weather, the provincial government said last Thursday in a weekly report. Harvest progress was the most advanced for this time