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Tag Archives U.S. government

Beef cattle, Livestock

U. S. Ranchers Eye More EU Access For Beef

U. S. ranchers who raise cattle without growth hormones may gain more access to European markets if the United States and European Union settle a beef trade dispute that has lasted more than 20 years, a U. S. industry spokesman said March 16. But the size of the additional market access has not been determined,
Livestock, News

Texas Feeder Says U. S. Cattle Herd May Shrink Further

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The U. S. cattle herd may shr ink further from its current 50-year low before it starts to recover from the effects of recession, poor credit markets and in some places searing drought, a top cattleman said March 19. “It could shrink further, I think it can absolutely shrink,” said Jon Means, president of the
News, Oilseeds

Food/Fuel Debate May Come Off Back Burner

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“But it (biofuel) is still a very significant demand source for the feed grains and… it is likely to increase with the U. S. government looking to increase their ethanol-blending mandates” – DOUG WHITEHEAD, COMMODITY ANALYST The steep drop in energy prices from last year’s peaks has cooled the food-versus-fuel debate for the moment, but
News

More U. S. Ethanol Companies In Financial Trouble

Corn ethanol maker Aventine Renewable Energy Holdings Inc. said March 16 it was in default on some its debt payments and may need to seek Chapter 11 bankruptcy protection. The company said it was seeking to raise capital, “including seeking additional debt and equity financing and a potential sale of all or part of the
News

U. S. Funding Approved For St. Lawrence Work

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The U. S. government’s St. Lawrence Seaway Development Corp. will soon kick off the first year of a 10-year program to modernize its share of the international waterway’s infrastructure. The corporation announced March 12 that it will get US$31.8 million in 2009 through the omnibus appropriations bill that U. S. President Barack Obama signed the
News

EU Slaps Duties On U. S. Biodiesel Imports

Akey European Union trade panel approved on March 3 temporary anti-dumping and anti-subsidy duties on imports of biodiesel from the United States, sources with knowledge of the decision said. “It went through with no problem,” one source told Reuters on condition of anonymity after a meeting of the EU’s anti-dumping committee of 27 national trade
News

EU Eyes Dumping Duty On U. S. Biodiesel Sources

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The European Commission plans to propose anti-dumping and anti-subsidy duties on imports of biodiesel from the United States, sources familiar with the proposal said last month. In a separate move that is also likely to agitate sensitive transatlantic trade relations, a probe by the EU executive into a U. S. clampdown on European online gambling
News

U. S. Ethanol Sector Faces Grim Prospects

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Hard times have hit the once-robust U. S. ethanol sector amid the economic recession, with as much as 15 per cent of production capacity likely standing idle, USDA chief economist Joseph Glauber said Feb. 25. It was a sobering assessment of the fledging industry that was once bursting with optimism and financial gains as the
Cereals, News, Oilseeds

A. G., Ritz Invited To Review CWB Books

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Canadian Wheat Board chair Larry Hill is so confident in the way the CWB managed its contingency fund and resulting deficit he’s inviting federal auditor general Sheila Fraser and Agriculture Minister Gerry Ritz to review the books and make the findings public. “I think the Auditor General would assure producers that everything is fine,” Hill
Cereals, News, Oilseeds

CBOT’s New Limits On Non-Grain Players Approved

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The Chicago Board of Trade (CBOT) on Feb. 13 received U. S. government approval to limit cash grain delivery instruments held by non-grain firms – its latest move to cool criticism about the performance its grain contracts. CBOT’s regulator, the Commodity Futures Trading Commission (CFTC), approved an amended Feb. 9 request to reduce the large

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