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Cereals, News

In Brief… – for Jun. 23, 2011

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Ethanol vote fails:A proposal to end subsidies for the U.S. ethanol industry failed a key vote in the Senate June 14. The Senate voted 59 to 40 against limiting debate on the measure from Republican Tom Coburn that would have ended the federal ethanol tax credit and the tariff on ethanol imports before they were
Crops, Oilseeds

U.S. May Open To Canadian Biofuels

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While it will likely be months before a decision is made, the U.S. Envi ronmental Protect ion Agency has launched a process that could open the American market to Canadian biofuels and biomass. The EPA has called for comments on a request from Ottawa to accept Canadian crops and crop residue for use in making
Crops

Study Finds Biodiesel Blend Can Handle Prairie Winter

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Anew study on biodiesel performance has found you can go green – even on a frosty winter day. Tractors and other farm equipment using fuel containing as much as 10 per cent biodiesel operated normally even when the temperature dipped to -36 C, according to a study conducted by the Saskatchewan Research Council. “The study
News

Biofuel Standards Will Affect Farmers

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The Renewable Fuel Standards will have an effect on farmers. The federal mandate is that there is a renewable fuel quantity that must be added to fossil fuel, for gasoline a five per cent ethanol blend will be added and for biodiesel a two per cent blend will be added to diesel. These amounts are
Crops

U.S. Ethanol Policy Roundly Criticized

If the United States reduced the amount of corn required for its ethanol requirements by just one per cent, it would double Zimbabwe’s entire annual corn consumption and save American taxpayers $50 million a year. Bill Lapp, a U.S. market analyst, tossed those statistics out at the annual GrainWorld conference in Winnipeg last week to
News

U.S. Locked Into Ethanol Growth

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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
Crops

U.S. Biodiesel On Life Support, But Smiling

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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
Opinion

Ethanol And Oil Subsidies: Competing Claims And Self-Justification

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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,
News

U.S. Ethanol Sector Contemplates Subsidy Cuts

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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
Crops

How High Will Corn Prices Go Before Usage Is Rationed?

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The national average corn yield was the main focus of cash and futures market traders in the Oct. 8, 2010, World Agricultural Supply and Demand Estimates (WASDE) report. Many market analysts consider this report a “game changer.” The resulting price rally in crop markets has people beginning to ask if this could be a repeat

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