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Monday, June 30th, 2008
Salt Lake Tribune:
If you think that food prices are high now, wait until the full effects of the flooding of farmland in the Midwest hit store shelves. Prepare to be pinched harder at the checkout stand.
The damage to crops from heavy rains and failing levies is the result of a natural disaster. But […]
Ethanol Interest Lags As Corn Prices Rise
Monday, June 30th, 2008Indianapolis Star:
Last year Wally Tyner, a professor of agricultural economics at Purdue University, said he never thought he would see corn reach $4 per bushel.
Last year it did just that. And this year, it’s on pace to break the $8-per-bushel mark.
With farmers expecting lower yields in their corn crops because of delayed planting, wet conditions […]
S&P Highlights Risks For Ethanol Producers Amid Volatility
Friday, June 27th, 2008CNNMoney.com:
Standard & Poor’s said smaller pure-play ethanol producers face “high” business and financial risks due to market volatility.
The ratings agency said in a report that political-event risk also could become a risk factor for the industry “if the food versus fuel debate sways currently positive public opinion.”
The report comes a day after VeraSun Energy Corp. […]
Updated Corn Ethanol Economics
Thursday, June 26th, 2008The Oil Drum:
Executive Summary: The current cost to produce a gallon of ethanol is approximately $3/gal. The current price of ethanol is $2.86/gal, which explains why ethanol producers are shutting down. If corn and natural gas prices remain high, I think ethanol has to rise to something like $3.40-$3.60/gal to make it worthwhile to ethanol […]
Floods Create Opening For Brazilian Ethanol
Monday, June 23rd, 2008Wall Street Journal:
Floods in the Midwest are making coast-bound shipments of American corn ethanol nearly impossible, creating an opportunity for ethanol from Brazil.
Demand might really jump if a 54-cents-per-gallon import tariff on Brazilian sugarcane ethanol is removed, which may spark another wave of investment in the South American nation. Two U.S. senators proposed such legislation […]
Consumers Choose Ethanol In Brazil
Wednesday, June 18th, 2008By Cindy Zimmerman - Domestic Fuel:
Gasoline is now the “alternative fuel” in Brazil.
“In the beginning of February of this year, ethanol consumption surpassed that of gasoline,” Joel Velasco of the Brazilian Sugar Cane Industry Association said during an update on Brazil’s ethanol industry at the 2008 Fuel Ethanol Workshop in Nashville Tuesday. “My friends, […]
Results Of Investigation Into Ethanol’s Impact On The Food And Fuel Markets
Friday, June 13th, 2008USDA, DOE Release Results of Investigation into Ethanol’s Impact on the Food and Fuel Markets (6-12-08)
Source: Ethanol.org.
Ethanol Talk At Pork Expo
Tuesday, June 10th, 2008By Cindy Zimmerman - Domestic Fuel:
Ethanol production as it relates to high feed costs was a major topic of discussion at the World Pork Expo in Des Moines last week, but pork producers understand that there are other factors impacting their input costs.
“This is not specifically an ethanol problem,” said National Pork Producers Council […]
Putting Ethanol On The Offensive
Monday, June 9th, 2008Ethanol Producer Magazine:
December 1776 was a desperate time for George Washington and the American Revolution. The ragtag Continental Army, encamped along the Pennsylvania shore of the Delaware River, was exhausted, demoralized and uncertain of its future.
Washington’s army - after narrowly escaping British troops and retreating into Pennsylvania - was viewed as merely an annoyance […]
New Energy Finance Opens Sao Paulo Office
Monday, June 9th, 2008RedOrbit:
New Energy Finance opens Sao Paulo office New Energy Finance, the world’s leading independent provider of information and research to investors in clean energy and the carbon markets, has opened its 12th office worldwide, in Sao Paulo, Brazil.
The office, on Avenida Paulista, was officially opened 6 June 2008 at a celebratory dinner and reception […]
Colombians To Make Ethanol From Sugar
Monday, June 9th, 2008United Press International:
Colombian industrial professionals said they are preparing to become the first to make ethanol from sugar cane in a U.S. facility.
They say they plan to produce ethanol by mid-2009 in southern Louisiana, where Inverandino - a business group managed by the Colombian Santacoloma family - has been taking control of three sugar […]
Food Producers Feel Ethanol Pinch
Tuesday, June 3rd, 2008HispanicBusiness:
Is your soft drink costing you more? Blame corn. Is your pork chop more expensive? Spending more money to bake? Blame corn.
The cob-cultured kernels are taking heat for much of the recent runup in prices on everyday goods, at least when food producers, grocery chains and restaurants are pointing fingers.
These businesses protest that the federal […]
Farm Groups: It’s Not Ethanol
Saturday, May 31st, 2008Capital Press:
Farmers want Americans to know they - and increasing production of ethanol - are not causing higher food prices.
Leaders of 5 national farm organizations and the Renewable Fuels Association took that message to the press via teleconference May 28. The whole question of food versus fuel is creating angst in many areas of the […]
The Dirty Little Secret Behind The Ethanol Hysteria
Monday, May 26th, 2008Hoosier Ag Today:
An issue that has dominated both the agriculture and consumer media over the past few months has been the debate over ethanol.
As I have reported several times, the mainstream media has maintained an aggressive and one-sided attack on ethanol and renewable fuels. They have blamed corn-based fuel for everything from higher food […]
The World According To Ethanol
Friday, May 16th, 2008Prospects for ethanol trade over the coming three to five years are probably good. As to the specifics—it’s anybody’s guess.
Ethanol Producer Magazine:
It’s an exotic mix: mounting demand in spite of sky-high feedstock costs, oil prices off the charts, a weak dollar, fierce political pressures for and against trade barriers, equally fierce agitation for sustainability - […]
How Much Does Ethanol Cost Us
Thursday, May 1st, 2008Agoravox:
Lately there’s been some discussion in the comments regarding just how much the corn diverted to ethanol production has affected the world wide food shortage. Aside from ethanol we’ve seen rising demand as well as crop failures in various parts of the world because of drought and global warming cooling. Also rising populations and rising […]
Outside The Box: Investing In Brazil
Thursday, May 1st, 2008Inside Futures:
To find one of the hottest emerging markets on the planet, you don’t need to look any farther than the country of Brazil. For instance, consider the iShares MSCI Brazil Index (EWZ) surged over 74 percent in 2007 and has posted an average of 56 percent over the past three years. In addition, China’s […]
End Of Fuel Scarcity In Sight
Monday, April 28th, 2008This Day:
As the nation groans under the crippling effects of the week-long fuel scarcity, the end may be in sight with the resolution of the delayed release of the N17 billion owed Independent Marketers Association of Nigeria (IPMAN).
The association is believed to be behind the current dearth of petroleum products as the marketers failed to […]
Tug-Of-War Between Global Crises
Friday, April 25th, 2008New York Times:
With signs of a food shortages everywhere, a chorus of concern was punctuated today by a man with a singular view: Ban Ki-moon, United Nations Secretary-General.
“This steeply rising price of food has developed into a real global crisis,” he said, according to wire services. “The United Nations is very much concerned, as [are] […]
The Fed’s Golden Opportunity
Thursday, April 24th, 2008CNNMoney:
The soaring price of crude oil isn’t good for most people, but it could spell opportunity for Ben Bernanke.
The Fed chief’s inflation-fighting credentials have been in doubt since he said in a 2002 speech that central banks could prevent deflation by dropping money out of a helicopter.
Since then, Bernanke’s critics have only been emboldened […]
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