High Grain Prices Won’t Last Forever

High grain prices make farmers happy, but they make market analyst Chuck Penner nervous. It’s not that Penner, with LeftField Commodity Research, doesn’t like high prices. His apprehension comes from knowing sometime those prices will fall. When prices last spiked in 2007-08 at close to these levels, they went a bit higher and then fell

Are We Heading Back To Dismal Grain Prices?

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed prices at ICE Futures Canada in Winnipeg closed the week ended July 17 little changed for canola, but moderately lower for barley. Canola was little changed on the week despite fairly strong gains in the Canadian


Canola Going To Be Strong Through 2009-10

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed prices at ICE Futures Canada in Winnipeg closed the week ended May 22 mixed, with canola mixed and barley higher. Canola was pressured down in the old crop by a slowing pace to demand, with both

Biofuel output seen up on lower feedstock costs

Global biodiesel output is likely to climb 27 per cent to 14 million tonnes in the 2008-09 oil year as producers capitalize on weak raw material prices and absorb excess inventories, a leading industry analyst said Dec. 3. Alternative energy fuels would be the only source of additional demand growth for vegetable oils, as demand


Biofuel industry growing internationally

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

FAO urges world to rethink biofuel use

Growing demand for biofuels will boost prices of agricultural commodities in the next 10 years. The western world needs to rethink its rush to biofuels, which has done more harm pushing up food prices than it has good by reducing greenhouse gases, a United Nations report said Oct. 7. The UN Food and Agr icul