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Livestock

Price Spread Limiting DDGS Usage In Canada

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COMMODITY NEWS SERVICE CANADA Ample domestic feed grain supplies together with high prices for corn-based DDGS (dried distillers grains with solubles) from the U.S. are currently limiting usage of the ethanol byproduct in Canadian livestock rations, according to market participants. The price spread is too wide right now, said Ryan Slozka, senior commodity trader with
News, Oilseeds

China’s Corn Rush To Redraw Global Food Landscape

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When China abandoned its soybean self-sufficiency quest almost 20 years ago and started importing the oilseed feeding its hunger for livestock, it almost single- handedly transformed the industry. Today, it s poised to do the same for corn. The world s most populous nation is expected to triple corn purchases next crop year and, by
Crops

Chasing High Corn Prices, U.S. Farmers Skip Rotations

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Farmer Brian Schaumburg has planted corn for five straight years in some of the thousands of acres he tends in central Illinois. Farmers who eschew crop rotations that help to replenish the soil with nutrients take a risk that yields will decline. But corn prices soared to a record earlier this year, making so-called corn-on-corn
Crops

Corn Fungus Adds To Hard Year For U.S. Farmers

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Corn farmers in some parts of the U.S. Plains are finding their newly harvested crop has to be heavily discounted or cannot be sold at all due to the presence of a vicious fungus that makes the corn dangerous to eat. The culprit is aflatoxin toxins produced by a fungus that can harm and possibly
News, Oilseeds

Goldman Sees Scope For Sharp Rise In Soy Prices

Soybean prices could rally sharply over the next year but corn should be capped by the potential for large ethanol demand destruction in the U.S., Goldman Sachs said in a report received Sept. 9. For soybeans, we see an increasing likelihood that prices will rally sharply over the next 12 months given the growing risk
News

High Gas Prices Spur Global Biofuel Production

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High prices for conventional motor fuels, combined with government content mandates, has spurred biofuel production around the world, says Washington-based Worldwatch Institute. “Global production of biofuels increased 17 per cent in 2010 to reach an all-time high of 105 billion litres, up from 90 billion litres in 2009,” the institute reports. “High oil prices, a
News

EU Gets Tough On Dirty Biofuel, Pledges More Action

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Europe’s energy chief announced seven green certification schemes for biofuels last month and promised to tackle the unwanted side-effects of turning food into fuel. Guenther Oettinger said biofuels’ indirect impacts were dangerous for the planet’s carbon balance and food supply. “It is a real concern … particularly in the big producing countries, Southeast Asia and
Livestock

Food-Versus-Fuel Debate Rages Anew

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Ethanol appears almost certain to win the food-versus- fuel contest in the United States. But not just yet. The Agriculture Department forecast that a tad more corn will be used to make ethanol than to feed livestock this year may be a false milestone: ethanol makers say they won’t use that much corn while producing
Crops

Brazil: The World’s 21st Century Breadbasket

Brazil has for centuries been known as a leading producer and exporter of the world’s breakfast foods – orange juice, coffee, sugar and cocoa. But over the past 2-1/2 decades since the opening of the economy to foreign investment, Latin America’s largest economy has also become a leading producer of important grains and meats, through

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