Ethanol Key Factor In Corn Price Spike

Grain and oilseed prices have reached some of their strongest values in years, and a key contributor is demand for corn from U.S. ethanol plants, according to an analyst. Kevin Grier, senior market analyst with the George Morris Centre said the current amount of corn being used by U.S.- based ethanol plants is as high

Cellulosic Ethanol Another Income Stream For Corn Farmers

Cellulosic ethanol production using corn stover as the feedstock is going commercial, but over the short term it won’t make any more grain corn available for human or livestock use, according to Kyle Althoff. It will however, provide additional returns to farmers in the form of stover payments and potential agronomic benefits. “We don’t see


Pickled Stover Works For Cattle Feed

New research has shown that a substantial portion of the grain in cattle feed can be effectively replaced with corn stover – the plant’s stalks, cobs and leaves – when these harvest residues are treated with a common food ingredient known as hydrated lime, or pickling lime. The alternative feeding strategy, which could improve feeders’

Canola Futures Slip Despite Industry’s Efforts

Canola futures on the ICE Futures Canada trading platform experienced a setback during the week ended Feb. 11 as the taking of profits and overbought market conditions encouraged selling. The price setback seen in Chicago Board of Trade (CBOT) soybean and soyoil futures also sparked some of the downward price action seen in canola. Support


U.S. Locked Into Ethanol Growth

The U.S. government has few options to slow down the ethanol boom that has played a big role in drawing down corn supplies to their lowest level in 15 years, a top U.S. Agriculture Department official said Feb. 10. “The fact is the industry has pretty much been built,” USDA chief economist Joe Glauber told

U.S. Biodiesel On Life Support, But Smiling

Biodiesel, still a moneylosing proposition in the United States compared to oil-based diesel, is about to have its best year ever thanks to government tax credits and usage mandates. But it will take months for the biodiesel industry to bounce back after being stranded last year, when the government let its six-year subs idy expi


In Brief… – for Jan. 27, 2011

Saudis to raise wheat reserves:Saudi Arabia plans to increase wheat reserves to one year from six months in around three years, the head of the grains authority said Jan. 16. The kingdom would increase grain storage capacity by 550,000 tonnes in four cities within three years to reach that goal, Waleed ElKheriji told reporters. Last

Ethanol And Oil Subsidies: Competing Claims And Self-Justification

Acommon question we hear when we tell people that we are agricultural policy analysts is “Well, whaddya think about ethanol subsidies?” That question becomes critically important as the blenders’ credit, the ethanol import tariff and the small producers’ tax credit face a deadline of December 31, 2010 for renewal by a lame-duck Congress. Todd Neeley,


Ethanol Production Boosts Demand For Corn

The USDA released a report Jan. 12 stating that corn crops will be the tightest than ever before, Mike Krueger, host of the “Money Farm” told farmers attending the 2011 Ag Days. “The single biggest thing that has changed the corn market worldwide and certainly our market is ethanol,” said Krueger. Ethanol production has increased

U.S. Ethanol Sector Contemplates Subsidy Cuts

Mark Marquis had planned to double the size of his Illinois ethanol plant in 2011, and was considering expanding a Wisconsin facility his family-run firm bought into last July. But those plans are now on hold, as Marquis and other ethanol producers brace for the possible end of $6 billion a year in U.S. subsidies