Oil Spill Helps Biofuel Image

Renewable fuels like corn-based ethanol will get a boost as the massive oil spill in the Gulf of Mexico feeds worries by Americans about long-term dependence on oil, a top U. S. private agricultural economist said on June 8. “The spill has heightened the concern about our dependence on fossil fuels so that quite naturally

In Brief… – for Jun. 17, 2010

Correction: Several errors regarding the Cover Crop Protection Program (CCPP) appeared in a story about excess rain in the June 3 edition of the Manitoba Co-operator. The CCPP was introduced for 2005 and 2006 to assist farmers with flooded cropland, not 2004 and 2005 as reported. It paid farmers $15 an acre, not $30. And


Rain Falls, Market Uncertainty Rises

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca. ICE Futures Canada canola contracts bounced around within a narrow range during the week ended June 4, ending with small gains in the nearby July contract, but losses in the new-crop months. Weather worries grew across the Prairies, providing some

Poverty Reduces Wheat Consumption

Consumption of wheat in Pakistan fell 10 per cent last year, because people lost the purchasing power to buy even that most basic of food staples in the south Asian country, a top UN official said June 2. Wolfgang Herbinger, country director for the World Food Program in Pakistan, said declining wheat consumption was a


Canadian Pork Product Exports Expected To Decline

The amount of pork products exported from Canada is expected to decline come calendar year 2011, according to an official with the Canadian Pork Council, or CPC. “We’ve had about four or five shocks to our industry in the last five years, that includes the high Canadian dollar, for a while high feed prices due

S – for Jun. 10, 2010

outh Africa’s food prices will rise gradually from 2011 partly as the economic recovery gains pace, increasing the likelihood of more protests, the Agricultural Business Chamber said June 2. Households, especially in the lower-income level, spend a large chunk of their income on food and higher food prices in recent years contributed to millions of


Renewable Fuels Generate Economic Benefits: Study

“It validates the commitment we made to Canadians.” – GORDON QUAIATTINI, CRFA Anew study for Canada’s renewable fuels industry has found biofuel production contributes major benefits to the nation’s economy. Canada receives a $2-billion-net annual economic gain from the production of biofuels, says the study done for the Canadian Renewable Fuels Association. Biofuel (made from

U. S. House Votes To Revive Biodiesel Tax Credit

The U. S. House voted May 28 to revive the $1-a-gallon biodiesel tax credit for this year as part of passing a mammoth jobs bill. The bill now goes to the Senate, which is in recess until June 7, for a potential final vote. The biodiesel credit expired at the end of 2009. The revived


Distillers Grains Making Inroads In Feed Market

– Daniel O’Brien “The question is, how much distillers grain is being used? The answer is, Every bit of it.” U. S. livestock and poultry producers will boost use of distillers grains during the next five years and decrease the amount of corn they feed their animals, an agriculture economist said May 12 at a

Rural Growth Key To New Farm Bill

Agriculture Secretary Tom Vilsack called for rural economic development as the key to a vibrant farm sector April 21, an unorthodox beginning for an overhaul of U. S. farm policy. Marking the start of a two-year process to forge a new Farm Bill, Vilsack told a House Agriculture Committee hearing that he wanted to “expand