U. S. Ethanol Fortunes In Limbo As E15 Ruling Looms

The U. S. ethanol sector has been on the road to recovery since a calamitous 2008, but the once-soaring industry appears to have hit a plateau amid a glut of supply and a murky demand picture, analysts said at the Reuters Food and Agriculture Summit in Chicago. Producers are hoping that a government ruling expected

U. S. Senate Passes Bill To Extend Biodiesel Credit

The U. S. Senate approved a bill March 10 that includes revival of the $1-a-gallon biodiesel tax credit for this year, which the renewable fuels industry has said is needed to increase output. The overall bill, approved 62 to 36, is a $149-billion package of jobless aid and tax breaks Democrats hope will help spur


China Favours GMOs, But None Grown Yet

China will accelerate development of its own genetically modified (GMO) crops, seeking to secure food security and international competitiveness, an official from the country’s Ministry of Agriculture said. The official from the ministry’s biosafety administration office also denied recent media reports that China had already approved imported GMO grain seeds for widespread planting. His remarks

OECD Agree To Reinvest In Food Chain

“Some fluctuations are normal (but) these wild swings are unacceptable.” – NIKOLAUS BERLAKOVICH Farm ministers from the world’s richest countries said Feb. 27 they would study price volatility and look at ways of boosting innovation as part of efforts to help agriculture meet food and environmental challenges. But the gathering of members of the Organization


Two-Tiered Pricing Seen As U. S. Corn Spoils In Bins

A two-tiered market for corn is developing across the U. S. Midwest as processors and ethanol plants boost bids for high-quality supplies and penalize farmers for delivering subpar grain. The pricing dynamic is expected to become more pronounced as a portion of a record 13.2-billion-bushel crop remains in storage while warmer weather in the coming

Industrial Ag Model Is Broken, Says Ag Economist

It’s just a matter of time before small towns humming with diversified, locally based economic activity surrounded by a thriving countryside filled with hardworking farm families start making a major comeback on the rural landscape. Why? There’s simply no other choice going forward, according to John Ikerd, a retired U. S. agricultural economist and author


Food Prices To Remain High

“If we get a climate shock in one of the major producing countries, then we are back to Square 1.” – JACQUES DIOUF Food prices are likely to rise again on resumed demand for agricultural commodities for food and energy and higher input costs due to rising oil prices, the United Nations’ food agency said

U. S. Ethanol Policy Frustrates Environmentalists

U. S. corn growers expressed relief when the Obama administration unveiled new environmental rules that would boost use of corn-based biofuel, but green groups complained the guidelines may fill the air with nitrogen, a greenhouse gas viewed as more potent than carbon. The Environmental Protection Agency unveiled what amounted to a tweaking of the national


Biodiesel To Cut Argentine Soyoil Sales

Increasing Argentine domestic biodiesel use will cut the country’s soyoil exports in 2010, Hamburg-based oilseeds analysts Oil World forecast Feb. 9. If Argentine government plans for five per cent biodiesel content in fossil diesel are implemented, coupled with compulsory use of biodiesel for electricity generation, this would create annual demand for 860,000 tonnes of biodiesel,

In Briefs continued from page

Helping Haiti: The federal government’s dollar-for-dollar aid-matching offer for those donating to Haiti relief through an approved charity ends Feb. 12. Donations to the Canadian Foodgrains Bank can be done online at: http://www.foodgrainsbank.ca/. In order to make a credit card donation, follow the link to: Donate to Haiti Response. Harold Penner, the CFGB’s Manitoba resource