Opinion: Here we go again

Opinion: Here we go again

First, the bad news. Farmers around the world did a great job last year. The good news? Farmers around the world did a great job last year. Such is the unfortunate reality of the grain market. As speakers at last week’s Cereals North America conference in Winnipeg said, the world is “awash with grain,” which

biofuel facility

Editorial: Black swan?

Among the many topics in the science news releases last week was one from the University of East Anglia in the U.K. “A new study pinpoints five strains of yeast capable of turning agricultural byproducts, such as straw, sawdust and corncobs, into bioethanol — a well-known alcohol-based biofuel,” the release said. We’ve seen similar news


man speaking at a conference

China still an important factor

Exports remain key to Canada’s commodity sector as prices fall back to earth

Profits on grains and oilseeds might be down, but it’s no reason to panic. Speaking at Farm Management Canada’s Agriculture Excellence conference in Winnipeg, Farm Credit Canada’s chief economist said the high prices of recent years were never destined to become the new normal. “The sky is not falling, it’s not falling at all,” J.P.

Winter rail traffic snarl jams U.S. Midwest ethanol plants

The coldest winter in three decades has stalled locomotives, frozen track switches and delayed crews

A winter-long traffic jam on U.S. railways is hampering transport of ethanol, forcing production cuts and ratcheting up prices in supply-deprived regions. The coldest winter in three decades has stalled locomotives, frozen track switches and delayed crews, causing snarls in Chicago and other major hubs across the continent and slowing much of the eastbound ethanol


New U.S. Farm Bill fails to tackle big issues

It’s not a near miracle, not amazing and not very reforming

House Ag Committee chairman Frank Lucas, a fast talker by birth and trade, spared few superlatives when describing, in a telephone press conference Jan. 28, the finally finished, modestly named Agricultural Act of 2014. “Historic in many ways,” Lucas said of the pending law as he shared the call with his Senate counterpart, Debbie Stabenow,

New EPA biofuel targets dent corn’s demand prospects

At the very least, lower usage targets for both ethanol and other biofuels are 
expected to reduce interest in expanding production in the sector

Many corn traders tried to shrug off the U.S. Environmental Protection Agency’s proposal to trim the U.S. renewable fuels usage targets for 2014 and 2015, noting that U.S. ethanol production is driven more by operating margins than government-mandated blending requirements and is likely to remain high as long as ethanol makers can make profits. But