CWB total export outlook unchanged

The Canadian Wheat Board said Jan. 7 it expects to export 12.7 million tonnes of wheat when the crop year ends July 31, up 12 per cent from the 2007-08 crop year, due to a large harvest. The CWB also expects to export 3.35 million tonnes of durum compared with 3.1 million tonnes last year.

Financial crisis seen slowing EU biofuels growth

The sharp drop in crude oil prices and the global financial crisis is set to disrupt the development of biofuels in the European Union, a top European Commission official said Jan. 6. “The path will be a bit chaotic. I don’t see a taking off in biofuels in 2009, 2010 but probably later because we


Biodiesel back on the radar

“Now that the bubble has burst, they’re getting more serious about it again.” – DUSTIN WILLIAMS With canola prices yanked back down to earth from last spring’s stratospheric highs, talk about crushing the oilseed into an environmentally friendly substitute for petroleum-based diesel has been revived. “Is it coming back into fashion? The answer is probably

U. S. pipeline firms see ethanol in future

U. S. companies are boosting efforts to see if shipping ethanol through pipelines can be a less expensive, safer alternative to sending it on trucks and trains. Kinder Morgan Energy Partners, one of the largest energy pipeline companies in North America, said in early December it has started sending batches of the biofuel through a


Are grain prices recession-proof?

DON BOUSQUET It’s Your Business For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at ww.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada in Winnipeg closed the week ended Jan. 2 higher with a firm tone in the U. S. markets contributing to the gains. Canola rose back over

Pushing GMOs to feed the planet

“How do the starving destitute react? Well often and not surprisingly they react with violence.” – joe clark Co-operation and innovation, including new genetically modified crops, are needed to feed the world as it grows and gets richer, speakers told CropLife Canada and the Grain Growers of Canada meeting in Ottawa last month. “This combination


Vilsack to face food subsidy issues in top ag job

Tom Vilsack, a former governor of the top corn-and soybean-producing state of Iowa, was set to be named next agriculture secretary by U. S. president-elect Barack Obama, Democratic officials said Dec. 16. Vilsack, a lawyer, will oversee one of the largest federal departments with 100,000 employees and a $95 billion annual budget, the bulk of

Cheaper feed prices on horizon

A surge in surplus U. S. corn supplies due to sluggish demand from an ailing ethanol sector and the economic turmoil portends weaker prices, but could provide some relief to the food and livestock industry. The U. S. Agriculture Department took traders and analysts by surprise Dec. 11 by reducing the amount of corn to


Biofuel output seen up on lower feedstock costs

Global biodiesel output is likely to climb 27 per cent to 14 million tonnes in the 2008-09 oil year as producers capitalize on weak raw material prices and absorb excess inventories, a leading industry analyst said Dec. 3. Alternative energy fuels would be the only source of additional demand growth for vegetable oils, as demand

Biofuel industry growing internationally

Despite the controversy over crop production for food versus fuel and the shock of the financial credit squeeze, the biofuel industry is recording steady growth in many countr ies, the Canadian Renewable Fuel Summit was told in early December. But it has a long way to go before it reaches the level of global petroleum