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World Bank To Start Agriculture Fund With $1.5 Billion

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The World Bank will start a trust fund to boost agriculture in poor countries with an initial $1.5 billion, its president Robert Zoellick said Nov. 24, warning of the risk of another food price crisis. Crop shortages in India and the Philippines combined with increased speculation in commodity markets by investment funds have increased the
News

Future Food, Fuel Conflict Can Be Avoided

An increasing shift away from fossil fuels such as gasoline to alternatives derived from plants and waste need not produce an increase in food prices, U. S. Agriculture Secretary Tom Vilsack told Reuters. Speaking on the sidelines of a UN climate conference in Copenhagen, Vilsack added he expected the U. S. Department of Agriculture to
Opinion

Take Biofuels To The Non-Bank Bank

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It was more a wavering non-waver than another government oldie but goodie, a non-denial denial. Still, nothing in the U. S. Environmental Protection Agency’s Dec. 1 delay to grant the ethanol industry’s request to boost the current 10 per cent ethanol limit in gasoline to 15 per cent suggested it won’t happen – and soon.
Crops

Crop Diversity Key To Food Security

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“There are as many patents for roses and chrysanthemums as there are for the three most important food crops – rice, wheat and maize. What are we to do, feed them chrysanthemums?” – Pat Mooney Pat Mooney, who isn’t known for his optimism, says he finally has some good news. The executive director of the
News

U. S. Sees Ethanol Output Eventually Meeting Target

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U. S. ethanol production could eventually top 14.5 billion gallons a year, up 16 per cent from output capacity at the beginning of 2009 and enough to blend 10 per cent of the fuel into every gallon of the nation’s gasoline, the U. S. government said Nov. 18. U. S. ethanol output capacity stood at
News

Canada Biofuels Sector Seeks Bigger Fuel Mandate

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Canada’s biofuels industry will ask the government early in 2010 to expand fuel blending mandates and production incentives, even as plants rapidly boost capacity to meet incoming targets, the president of the Canadian Renewable Fuels Association said Nov. 12. “We absolutely would be looking at all those instruments as a way of ensuring we build
Cereals, Crops

FAO Raises 2009 Cereals Forecast Despite Rice Dip

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“…world cereal utilization in 2009-10 was expected to grow faster than earlier anticipated, in part due to weaker prices.” World cereal production this year is expected to be 2.234 billion tonnes, just two per cent below last year’s record crop and nearly 26 million tonnes higher than previously expected, the United Nations said Nov. 10.
Opinion

Not The Time To Neglect Agriculture

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The 34th North American European Union Agricultural Conference, a major forum for discussion on solutions to the world economic crisis affecting farmers, was hosted by the Canadian Federation of Agriculture at Niagara Falls, Ontario this fall. This year, there were representatives from 73 farm organizations from 19 different countries. It is widely agreed that agricultural
News, Oilseeds

Grain Volatility To Stay High In 2010

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Prices of agricultural commodities will remain volatile in 2010 due to supply constraints, volatile shipping costs and a constant demand pull from new demand sources like biofuels, North American Export Grain Association president and CEO Gary Martin said Nov. 3. “In the last three years, volatility in this industry has increased and it’s likely to
Cereals, Crops

Distillers Grain Set To Ride Ethanol Coattails

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Demand for distill-ers grain, a byproduct of distilling corn into ethanol, will continue to grow domestically and abroad as livestock producers turn to the feed as a cheaper alternative to corn, analysts said. And with the ethanol industry gearing up for a better year in 2010 after the financial crisis of 2008 triggered by corn

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