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Crops

Conference Board Of Canada Says Ethanol Doesn’t Deserve Its Bad Reputation

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co-operator contributor / ottawa Using crops to produce ethanol hasn t raised food prices and it positions Canada for a strong bioeconomy, according to a new report from the Conference Board of Canada. What s more, next-generation technologies, flex-fuel vehicles, and supporting policies could extend the role ethanol plays in Canadian transportation and manufacturing, adds
Opinion

Lower Grain Price And Fuel Prices Needed

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Sharp declines in prices for grains and gasoline will be the most effective stimulus for renewed growth, by easing the squeeze on household finances across North America and Western Europe, but only if price cuts can be sustained. Relative declines in prices for food, clothing and fuel have been one of the big drivers of
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

Main Trend In Crude Oil Still Up, Despite Recent Downturn

Crude oil prices have been under pressure since a two-week reversal developed two weeks ago. This reversal pattern materialized after crude oil prices failed to exceed the upper boundary of the uptrending channel. A two-week reversal indicates a change in direction and can occur at the top or bottom of a market. This two-week reversal
News

FAO Sees Food Price Rebound

Global food prices are expected to rebound in the next few weeks after coming off record highs in March as demand keeps growing against tight supplies, a top official at the United Nations’ food agency said on April 7. “We believe that in the next few weeks, and there are already signs of it, prices
Opinion

Cheap Food Versus Expensive Oil

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You can’t have cheap food and expensive oil. It just doesn’t work. For hundreds of millions of people who earn only a dollar or two a day, increasing prices for staple foods like grains, pulses, rice and cooking oil is a big deal. Canadians spend only about 11 per cent of their disposable income on
Crops

Eco-Farming Can Double Food Output By Poor

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Many farmers in developing nat ions can double food production within a decade by shifting to ecological agriculture from use of chemical fertilizers and pesticides, a UN report showed March 8. Insect-trapping plants in Kenya and Bangladesh’s use of ducks to eat weeds in rice paddies are among examples of steps taken to increase food
Crops

U.S. Ethanol Incentives Under Scrutiny

Reform of U.S. ethanol incentives could save up to $5.7 billion a year, a congressional watchdog said March 1 as ethanol critics called on Congress to let the tax breaks expire at the end of this year. In an examination of federal spending, the Government Accountability Office said the ethanol tax credit and a federal
News

Worries Aside, U.S. Has “Foot On The Gas” On Ethanol

The United States “can do it all” – turn more corn into ethanol without running short of food, Agriculture Secretary Tom Vilsack said Feb. 24, as oil prices soared and the government raised its forecast of food price increases this year. “There is no reason for us to take the foot off the gas,” said
Crops

Forget Fuel Costs, U.S. Farmers Cheer Oil Surge

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Not too long ago, a surge in oil prices would have caused a groan of misery from the U.S. farm belt, forced to pay higher prices for tractor fuel and fertilizer. Today, farmers are far more likely to cheer. The farm sector’s response to a surge in fuel costs has inverted for two important reasons:

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