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Tag Archives Biofuels

News

Biofuels Largest Market For Southern Africa Farming

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Biofuels offer the biggest and most secure market for agriculture in southern Africa and could help ease the region’s electricity woes in the future, a biofuels conference heard March 31. Erhard Seilar, chief executive of the Southern African Biofuels Association, said the region’s farming sector stood to gain most from the growth of the fledgling
News, Oilseeds

Global Soymeal Use To Fall Sharply

World soymeal consumption is set to fall sharply this season as the global economic crisis cuts meat demand and reduces animal feed sales, Hamburg-based oilseeds analysts Oil World forecast March 31. Global 2008-09 soymeal consumption is forecast to fall to 154.50 million tonnes from 160.28 million tonnes in 2007-08, it said. World 2008-09 soymeal production
Cereals, Grain Markets, Oilseeds

Can Old-Crop Canola Be Facing $7.50 A Bushel?

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Grain and oilseed futures at ICE Futures Canada in Winnipeg c losed the week ended March 27 lower, with losses in the Chicago market and the firm Canadian dollar weighing on values. Canola posted small losses as sluggish export demand also weighed on prices. China has indicated its canola buying in April will fall to
Forages, News, Oilseeds

In Brief… – for Apr. 2, 2009

Awareness award: The Manitoba Farm Writers and Broadcasters Association (MFWBA) is launching a new award to recognize outstanding contributions to public awareness of agricultural issues. The annual award can go to an individual or organization. “This award will recognize the people in Manitoba who capture our imagination and interest, compelling us to learn more about
Opinion

Big Oil Invests In Ethanol

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If it’s even partly true that you’re known by the company you keep, then the farmer-loved ethanol business got a lot less lovable Feb. 8 when Valero Energy Corp., the largest crude oil refiner in North America, announced its intent to purchase five of the choicest plants owned by mega-biofuel maker, mega-bankrupt VeraSun Energy. Should
News

U. S. Oil Refiner Buys Into Ethanol

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Oil refiner Valero Energy beat out Archer Daniels Midland in buying bankrupt VeraSun Energy Corp.’s ethanol plants because ADM was only interested in buying the entire company, a lawyer for VeraSun said March 18. VeraSun announced March 17 that Valero, the largest U. S. oil refiner, had won an auction to buy seven of its
Cereals, News, Oilseeds

Consumers Still Fret About Grain Prices

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Uncertainty over U. S. spring plantings of corn and soybeans and recent weakness in the dollar have brought a resurgence in grain prices that spells fresh headaches for consumers and food makers this year. The commodities, at the base of a food chain that feeds into hundreds of supermarket products, from oils to starches to
News

Groups Discuss World Grain Reserve

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Setting up a world grain reserve is a realistic option that would reduce the risk of food shortages and shield farmers from big price shocks, a senior official with the U. S. National Farmers Union said March 19. The proposal to create global cereal stocks topped the agenda of a meeting of farmers’ unions from
News, Oilseeds

EU New Market For Canada Canola

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Europe’s acceptance of genetically modified canola seed represents an important new market for Canadian farmers, but purchases from the world’s largest exporter of canola seed are unlikely any time soon. The European Commission ruled March 10 to allow import of a type of canola, which German seed developer Bayer CropScience created by modifying the canola
News, Oilseeds

Food/Fuel Debate May Come Off Back Burner

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“But it (biofuel) is still a very significant demand source for the feed grains and… it is likely to increase with the U. S. government looking to increase their ethanol-blending mandates” – DOUG WHITEHEAD, COMMODITY ANALYST The steep drop in energy prices from last year’s peaks has cooled the food-versus-fuel debate for the moment, but

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