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Tag Archives higher food prices

Hogs, News

Hard Times Have U. S. Hog Producers Seeking Help

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“The big driver of losses for this business is the run-up in costs of production.” – STEVE MEYER U. S. hog producers, who have been losing money since late 2007, have asked the U. S. Agriculture Department for $250 million in assistance, of which $150 million would buy pork for federal food programs. Producers also
News, Oilseeds

Biotech Corn, Soy Does Little To Boost Yield

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Despite industry claims of higher yields from biotech corn and soybeans, much of the increase can be tied to other improvements in agriculture, according to a study released April 14. The Union of Concerned Scientists said its review found genetically engineered herbicide-tolerant soybeans and corn did not increase yields compared with conventional methods. Still, farmers
News

Food Price Spike Tests Trade Faith

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The recent shift toward rising food prices has shaken the confidence of developing countries in counting on trade to feed their hungry, and sparked a move toward protectionism, an OECD official said on Feb. 26. “The last 20 years, the movement was toward opening markets, and trade liberalization, and less government intervention in agricultural markets.
Cereals, News, Oilseeds

Resurgent Grains May Stoke U. S. Food Prices

ANALYSIS BY SAM NELSON A resurgent U. S. grain market, stoked by drought in South America, spells more financial troubles for struggling meat producers and higher food prices for consumers already pinched by the recession. The worst drought in decades in Argentina, and in neighbouring Brazil, is helping to rally prices of corn and soybeans
News

U. S. ethanol industry wants diversification

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Developing non grain sources of ethanol should be a priority for the administration of President Barrack Obama, the U. S. Renewable Fuels Association says. Chairman Chris Standlee and CEO Bob Dinneen told reporters in a conference call that the Obama administration should provide loan guarantees for next-generation technologies to make the ethanol industry less dependent
News

Biofuel industry growing internationally

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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
Opinion

The silence of farmers

JOHN MORRISS EDITORIAL DIRECTOR When the stock market drops by 40 per cent, what happens? People get upset. Really upset. The world’s leaders hold emergency meetings. Virtually every economist quoted in the financial press agrees that the “free market” system got completely out of hand, turning into a system to capitalize gains and socialize losses.
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

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