37. Corn Trading Executive Urges Congress to Take Strong Action on CAFE Standards He also stated that in two years, it is forecast that Iowa and Nebraska will have to import corn from other states to meet the demand for feed and ethanol. It will no longer have corn available for export. Peter Kordell has been in the grain trading business for almost forty years and can't recall having ever seen the kind of growth in corn demand currently being caused by ethanol. Minneapolis, MN (PRWEB) June 25, 2007 -- Peter Kordell has been in the grain trading business for almost...
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38. Rising Ethanol Demand can push Food Prices Higher Congress passes the Alien Act limiting the ability of aliens to become citizens and allowing the President to deport immigrant critics of the administration. Products that are facing price hike include processed foods like ketchup (produced from high-fructose corn syrup), soft drinks, corn-based food items, like breakfast cereal, and corn chips, and wheat flour and soybean oil. But the largest price hike is expected to be seen by dairy and meet items because manufacturers are being...
Source • MediaSyndicate (press release) •
39. DDGS Can Be Pelletized As ethanol production expands and corn prices go up, more livestock producers living near ethanol plants are supplementing their feed with distillers dried grains. ARS agricultural engineeer Kurt Rosentrater has turned DDGS from corn-based ethanol production into high-quality pellets using processing equipment at a commercial feed mill. Currently the product can not be efficiently transported very far from the ethanol plant, limiting the number of producers who can take advantage of it....
Source • Michigan Farmer,MI •
40. 6:22 pm: Drought could push up prices As dry conditions take their toll on crops in Central Indiana, experts are predicting higher than normal prices and that could bring serious consequences for farmers. Obviously the price of hay is going up and many livestock farmers will have to purchase hay to supplement their feeding, which may result in some higher feeding expenses. If this is widespread throughout the corn belt, the prices will probably be elevated, he said, noting that rain predictions brought prices back down. But...
Source • Anderson Herald Bulletin,IN •
41. Biofuel industry's focus turns to House Senate Republicans blocked approval of a tax package that would create a 50-cent-a-gallon subsidy for ethanol made from crop residue and other sources of plant cellulose. The mandate is intended to guarantee a growing market for conventional corn ethanol as well as jump-start production of the cellulosic version. That would "deal a serious blow to cattle producers if we experience anything short of a record corn crop year after year," said Jay Truitt, vice president of government affairs...
Source • 6/23/2007 •
42. Summer Harvest Festival June 30 at Farm Market The event, based on last year s popular Summer Solstice Celebration, will feature various cooking and BBQ demonstrations and samplings of farm products produced and/or processed by Fresno State students at the 20 enterprises of the 1,000-acre University Ag Lab, or University Farm. The event, based on last year s popular Summer Solstice Celebration, will feature various cooking and BBQ demonstrations and samplings of farm products produced and/or processed by Fresno State students at the 20...
Source • Fresno State News,CA •
43. Good of IL: Anticipating June grain stocks estimates weather and crop conditions continue to affect corn and soybean prices, but the June 29 release of the USDA's Acreage and Grain Stocks reports will provide additional fundamental information for these markets, said Darrel Good in his weekly outlook. Use in that category is calculated after the estimate of stocks at the end of the quarter is available, and use for the quarter then is projected based on the level of use projected by the USDA for the entire year and a typical seasonal...
Source • Stop Soybean Rust News,KS •
44. Arizona milk prices remain higher than in rest of nation But one of the biggest reasons for the jump remains a sharp rise in the cost of feed grain, primarily corn, which is being increasingly used for ethanol. Several factors have affected the price of milk, including rising demand in China and increased exports to European countries, a milk industry spokesman said. The cost of a gallon of milk tends to reflect local cost-of-living prices, which is why Arizonans are paying more, experts said. Arizonans are still paying a premium for milk, even...
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45. Michigan State to get $50 million for biofuels research Michigan State and the University of Wisconsin at Madison will share in a $125 million federal grant to establish the Great Lakes Bioenergy Research Center, said two officials with knowledge of the grants, who spoke on condition of anonymity because the announcement had not yet been made. Michigan State and the University of Wisconsin at Madison will share in a $125 million federal grant to establish the Great Lakes Bioenergy Research Center, said two officials with knowledge of the...
Source • 8 hours ago •
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