Tag Archives | price

Farmland prices are rising

Farmland prices are rising because of biofuels, according to the New York Times. DEKALB, Ill. — While much of the nation worries about a slumping real estate market, people in Midwestern farm country are experiencing exactly the opposite. Take, for instance, the farm here — nearly 80 acres of corn and soybeans off a gravel […]

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Fuel rationing in the US?

Raymond J. Learsey, over on the Huffington post is suggesting that the US should adopt fuel rationing as one way of cutting down the amount of gasoline that is consumed by the US. Well you could try rationing,

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Drought may push corn prices higher

A drought in China that is affecting the key corn growing region of Jilin could mean a smaller harvest in that country and larger demands on global corn reserves, according to Planet Ark.

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Numbers on corn and gasoline price and inflation

There are some useful numbers on the effects of changes in the price of corn and gasoline on inflation in the United States in an article written by one of my colleagues at ICIS. (Disclosure: I work for ICIS: About ICIS) cutting to the chase, Al Greenwood says

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OPEC says biofuels could push gasoline prices higher

OPEC says that biofuels could push gasoline prices higher, according to a report on ICIS news quoting the Financial Times. (Disclosure, I work for ICIS: About ICIS) The reasoning behind it goes like this according to secretary-general Abdalla El-Badri:  biofuel production could prove unsustainable in the medium term as it competed with food supplies. In […]

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Now it’s Big Biofuels fault

Now its Big Biofuels fault that gas prices are so high and fuel efficiency of cars running ethanol blends in the states is so poor. Well that’s the conclusion of Rob in North Dakota. I think he’s wide of the mark blaming Big Biofuel, for a couple of reasons, firstly compared to big oil, big […]

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Just how politically sustainable is using food for fuel in the US?

Just how politically sustainable is using food for fuel in the US. There’s an interesting post over on dtn Ag Policy Blog (limited trial, and limited access, I had to pretend to be Canadian) about the sustainability of the US’ Biofuel policy. The key lines for me are USDA Chief Economist says that the rising […]

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More ethanol means more expensive orange juice

Orange juice prices are set to soar as Brazilian orange growers plunge further into sugar cane, which is used in bioethanol, according to a summary of a report in the Youmiuri Shimbum. According to the Japan Fruit Juice Association, switching from orange to sugarcane cultivation has been promoted in Brazil, which accounts for about 60 […]

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A new Asia Biodiesel report due

A new Asia Biodiesel report from ICIS is due on  21st March. The report will feature an FOB SE Asia assessment for Palm-based biodiesel (PME), much of which is being exported to Europe. (Disclosure: I work for ICIS: About ICIS) ICIS pricing has developed a global portfolio of biofuels reports in the last 12 months, with Fuel […]

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Ethanol drives farmland price inflation

According to the Londonist blog, demand for farmland in the Americas is pushing the price of this commodity up faster than it is rising in London. Demand for corn used in ethanol increased the value of crop land 16% in Indiana and 35% in Idaho in 2006, government figures show. The price of a Soho loft […]

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