Recession Compounds World Food Crisis

The global economic downturn has compounded the food crisis, pushing more people over the brink of hunger and threatening stability around the world, the head of the United Nations’ food relief agency said March 3. Food supplies are tight and expensive, and more people in poor countries are unable to afford what they need because

EU Slaps Duties On U. S. Biodiesel Imports

Akey European Union trade panel approved on March 3 temporary anti-dumping and anti-subsidy duties on imports of biodiesel from the United States, sources with knowledge of the decision said. “It went through with no problem,” one source told Reuters on condition of anonymity after a meeting of the EU’s anti-dumping committee of 27 national trade


Trade Group Asks EPA For Higher Ethanol Blend Rate

An ethanol trade group submitted a formal request to the U. S. Environmental Protection Agency March 6 to boost the allowed ethanol-to-gasoline blend rate as high as 15 per cent from the current cap of 10 per cent. The higher blend rate would create a bigger market for ethanol, spurring production of the alternative fuel

EU Eyes Dumping Duty On U. S. Biodiesel Sources

The European Commission plans to propose anti-dumping and anti-subsidy duties on imports of biodiesel from the United States, sources familiar with the proposal said last month. In a separate move that is also likely to agitate sensitive transatlantic trade relations, a probe by the EU executive into a U. S. clampdown on European online gambling


U. S. Ethanol Sector Faces Grim Prospects

Hard times have hit the once-robust U. S. ethanol sector amid the economic recession, with as much as 15 per cent of production capacity likely standing idle, USDA chief economist Joseph Glauber said Feb. 25. It was a sobering assessment of the fledging industry that was once bursting with optimism and financial gains as the

Food Price Spike Tests Trade Faith

The recent shift toward rising food prices has shaken the confidence of developing countries in counting on trade to feed their hungry, and sparked a move toward protectionism, an OECD official said on Feb. 26. “The last 20 years, the movement was toward opening markets, and trade liberalization, and less government intervention in agricultural markets.


Farm Cash Receipts Up In 2008

Canada’s farmers grossed $41.8 billion from the sale of crops and livestock in 2008, 14.2 per cent higher than in the previous year, Statistics Canada reported. The increase was fuelled mainly by higher prices for grains and oilseeds. Crop receipts rose 25.6 per cent to $23 billion. Receipts from sales of livestock increased just 2.9

UN Sees Food Production Down 25 Per Cent By 2050

Up to a quarter of global food production could be lost by 2050 due to the combined impact of climate change, land degradation and loss, water scarcity and species infestation, the United Nations said Feb. 17. The fall-off will strike just as two billion more people are added to the world’s population, according to the


GMO Acres Seen Rising Worldwide With Political Will

Global plantings of genetically modified corn, soybeans and other crops grew 9.4 per cent last year as economic challenges spurred growing political will to adopt biotech crops that help farmers fight weeds, pests and crop diseases, an industry-backed study said Feb. 11. More than 13 million farmers in 25 countries planted 125 million hectares of

New Biofuels Seen Coming From Many Sources

New-generation biofuels will come from a wide range of sources and no single feedstock may dominate, a conference on second-generation biofuels organized by German commodity analysts F. O. Licht heard Feb. 13. Non-food plants and crops mentioned at the conference as possibilities for use in future biofuels range from corn husks, grasses and algae to