Wheeling and dealing in the new Wild West

“We had some equipment over there and the farm manager decided he would keep my passport until he was sure that the equipment worked well.” – KEN KOTOWICH Doing business in Russia is exciting and lucrative, but not for the faint of heart. “It’s like having a pet 980-pound Kodiak bear. He’s with you, he’s

Jatropha Eyed For Biofuels

Mozambique has drafted a strategy for the production of biofuels from the drought-resistant jatropha crop, which contains up to 40 per cent oil, its energy minister said. “We hope the biofuels project will be approved despite the fluctuation of oil prices on the international market,” Salvador Namburete told a briefing. “We have conditions to proceed


RTMs Can Also Be Built For High-Energy Efficiency

”The way to get control of energy use in ahouse is to build it tight and control ventilation.” Even though oil prices have dropped recently, future home heating costs remain uncertain. As a result, those thinking of building a new house this year may want to consider using energy-efficient construction standards like those in the

Who picks up the tab for last year’s overpriced fertilizer?

It’s a classic “chicken” scenario, with both sides waiting to see whether the other caves first. Fertilizer retailers, stuck with overpriced inventories bought during last summer’s market peak, are hoping that the fear of shortages amidst the seeding rush will force farmers to start cutting cheques. Farmers, on the other hand, are holding out for


Oil Price Slump Makes Bioenergy A Harder Sell

A slide in oil prices may be good for consumers battered by the U. S. economic slowdown, but it could pose a challenge for President Barack Obama’s ambitious plan to revolutionize America’s energy use. Obama’s plan – outlined during the campaign last year when oil prices hit a record $147 a barrel – calls for

Three Cs still affecting cattle prices

“Consumers continue to choose to eat beef, but we see a change in eating habits in favour of less expensive meats.” – LYNDSAY SMITH Don’t pin your hopes on a quick recovery in the cattle market just yet. Although the Canadian cattle herd has been shrinking by leaps and bounds over the past year, volatility


U. S. will fail to meet 2022 biofuels mandate

The United States will fall short of its federal mandate to blend 36 billion gallons per year of biofuels like ethanol into gasoline by 2022, the government’s top energy forecasting agency said Dec. 17. The 36-billion-gallon target of blending motor fuel alternatives, such as traditional ethanol made from corn and next-generation cellulosic ethanol made from

Financial crisis seen slowing EU biofuels growth

The sharp drop in crude oil prices and the global financial crisis is set to disrupt the development of biofuels in the European Union, a top European Commission official said Jan. 6. “The path will be a bit chaotic. I don’t see a taking off in biofuels in 2009, 2010 but probably later because we


Hog producers pinch pennies as crisis continues

Colin Hatch will only say his company’s sales are down “marginally.” But his body language suggests otherwise. Like other businesses servicing the hog industry, Elanco Animal Health is feeling the pinch. Low prices, high costs and trade barriers are causing producers to leave the industry. Fewer producers mean fewer pigs and, as a result, lower

Burdened oil nations seek cheaper Brazil chicken

Major oil-producing countries, which are among the top buyers of Brazil’s chicken, aim to pay less for it from 2009, a Brazilian poultry industry source said on Nov. 6, to cut spending after crude prices halved. Buyers have not cancelled any contracts, said the head of the Brazilian Association of Chicken Producers and Exporters, Francisco