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Tag Archives Biofuels

Cereals, News

Conservatives want to put Agri-Flex on table

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“…we have to make sure whatever we agree to do is not countervailable.” – Agriculture Minister Gerry Ritz Agriculture Minister Gerry Ritz wants to meet his provincial colleagues before the end of the year to sound them out on introducing the Agri-Flex proposal from the Canadian Federation of Agriculture. “We’d like to start the discussion
News

ADM profit soars on higher prices

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Archer Daniels Midland Co. reported a quarterly profit that beat Wall Street forecasts by a wide margin, helped by higher selling prices for foods like corn syrup and hedging gains on raw material costs. Shares of ADM, one of the largest U. S. food processors and ethanol producers, shot up as much as 22 per
Beef cattle, International news, Poultry

U. S. farm sector cautiously welcomes Obama win

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America’s farm sector has cautiously welcomed Democrat Barack Obama’s historic White House win as good news for a raft of industry priorities like crop subsidies, ethanol expansion and agricultural trade. “He knows agriculture and he has been a real supporter of agriculture,” said Rick Tolman, CEO of the National Corn Growers Association, a powerful lobbying
Cereals, Grain Markets, Oilseeds

Corn prices drop 50 per cent, ethanol production still high

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada win Winnipeg closed the week ended October 31 mixed, with canola down. Canola declined despite the firm tone in the U. S. soy complex. The lack of fresh demand and a
News

UN food lines will grow

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The UN food agency expects to feed around a third more hungry people next year, as the global financial crisis adds to the pressure of high food prices on poor nations, a top official said Oct. 15. Sheila Sisulu, deputy executive director at the UN World Food Program (WFP), said an increase of around 30
Beef cattle, Hogs, News, Poultry

U. S. livestock groups see bias in ethanol aid

U. S. meat, dairy and poultry groups objected Oct. 22 to the possibility of federally guaranteed loans for ethanol makers to help pay for high-priced corn, calling it “the opposite of free enterprise.” The U. S. Agriculture Department says there is no bailout for ethanol. It says rural businesses, including ethanol plants, are eligible for
News

Ethanol no longer seen as big driver of food price

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Heavy demand for corn from ethanol makers was seen as a key driver of corn futures to record highs in June, but since then the sharp decline of corn along with other commodities shows that belief was mistaken. Corn is down about 50 per cent from its record high in June, even as the amount
Dairy cattle, News

Farm gate prices drop, but not food prices

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U. S. food prices are still headed for their largest increase in two decades this year despite the recent slide in oil and grain markets, the U. S. Agriculture Department said Oct. 18. In its monthly report, USDA did not change its forecast for food prices, which are expected to surge by 5.5 per cent
News, Oilseeds

India considers oil import tax

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India is considering to tax vegetable oil imports to protect the domestic industry from a slump in prices and lift a ban on exports, the farm minister said Oct. 19. Sharad Pawar also said the government would consider scrapping an export tax of 8,000 rupees (US$162.30) per tonne on basmati rice. “Global edible oil prices
News

No bail-out for ethanol makers

The U. S. government would waste its money on ethanol, “the Fuel to Nowhere,” if it uses a loan guarantee program to prop up struggling ethanol makers, said officials from anti-waste groups Oct. 20. The officials criticized the prospect that ethanol makers could obtain up to US$25 million in bank loans carrying an Agriculture Department

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AgCanadaTV: In case you missed it; your national ag news recap for Feb. 20, 2026

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