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Latest Food vs. fuel Stories

2008-09-15 09:00:48

LAKE MARY, Fla., Sept. 15 /PRNewswire-FirstCall/ -- Renewable fuels provider, New Generation Biofuels Holdings, Inc. , today announced the signing of a site lease and a terminaling services agreement to locate their first commercial scale biofuel manufacturing plant at the port location of Atlantic Terminaling in Baltimore, Maryland. Based on current projections of sales and timing to complete financing, New Generation Biofuels (NGB) expects to complete construction of the first 25 million...

2008-09-15 03:00:19

By Lutey, Tom A grain harvest larger than expected and historically high grain prices could produce the first-ever billion dollar wheat crop for Montana farmers. In their final crop forecast of the year, federal statisticians are predicting a Montana wheat harvest of 159.7 million bushels, up 10 million bushels from a year ago. With grain prices that have nearly doubled in the past five years, expectations for an eight- figure sale are high "We could have a billion-dollar wheat crop,"...

2008-09-10 03:00:20

Biofuels are a big part of the nation's strategy to free itself of its oil dependency, but U.S. production thus far is limited to grain-based ethanol, almost all of it from corn. That's a problem. Corn ethanol presents many problems -- not least of which is that, long-term, it's not going to work. The growing scientific consensus is that it is not a sustainable energy technology, in part because the energy it takes to produce it cuts deeply into the energy gain -- especially when...

2008-09-06 00:00:25

By DIRK LAMMERS AP business writer SIOUX FALLS, S.D. - Ethanol's wild ride has brought it quickly from political golden child to scapegoat for everything from soaring food prices and world hunger to pork-barrel spending. This week, the Republican Party in its national platform called for an end to ethanol mandates in just the latest shot at a fuel alternative that, in some circles, has grown more targeted than treasured. High-ranking politicians, including presidential candidate John...

2008-09-05 09:00:25

SPEAK OUT - A GROWING PROBLEM Being in the food industry can be uniquely satisfying - it is a pleasure to be in the business of feeding people. But it's also a tough business, with tight margins and heavy competition. From the largest chain supermarkets to the local corner store, every day is a challenge, but it is one that we accept. Yet when government policies are put in place that hurt our businesses, the people we employ and our customers, we have to speak out. And that is exactly...

2008-08-30 18:00:33

By Josie Clarke ENERGY firms npower and Scottish Power yesterday announced more bad news for households with steep hikes in gas and electricity prices. Npower said prices for gas customers would increase by an average 26%, with prices for electricity customers up by 14%, both with immediate effect. Scottish Power followed a few hours later by announcing it would increase gas prices by an average 34% and electricity prices by 9% from Monday. The firms have 11.8 million customers...

2008-08-30 00:00:21

By Michelle Koetters BLOOMINGTON - If nothing else, farmers can expect crop prices to continue to fluctuate. The prediction for the price of corn in the next year is $6 a bushel, plus or minus $2, while the price for soybeans could be $13 a bushel, plus or minus $5, said Darrel Good, University of Illinois Extension agriculture marketing specialist. "The truth is we may see both (increases and decreases) before all's said and done," Good told about 120 people Thursday at Soy Capital Ag...

2008-08-28 12:01:16

By Iain Osborne IT'S not often in life that we get a glimpse of what the future might be like. When we do, it gives us a chance to prepare. Today's energy costs are higher than most of us can remember. Although crude oil prices - which broadly underpin price movements for gas, electricity and coal - have eased from record peaks in recent weeks, it will be some time before we can determine whether a clearer trend is emerging. For now, these record-high price spikes allow us to imagine what...

2008-08-28 12:01:06

By STEVENSON JACOBS CUTLINES A customer looks at milk on display at JJ&F Market in Palo Alto, Calif. U.S. retail food prices have jumped nearly 6 percent this year -- triple the typical rate of inflation -- and the new prices tend to stick. Paul Sakuma/Associated PressNEW YORK -- As prices for crude oil and other commodities ease, consumers have gotten a small dose of relief at the gas pump. But don't expect less pain at the grocery counter. Food inflation is here to stay -- and...

2008-08-24 12:00:27

By Stevenson Jacobs Associated Press NEW YORK -- As prices for crude oil and other commodities ease, consumers have gotten a small dose of relief at the gas pump. But don't expect less pain at the grocery counter. Food inflation is here to stay -- and will probably get worse for some things. That's because retail prices for cereal, eggs, cheese and meat generally lag by several months or longer world prices for wheat, corn and soybeans -- the raw ingredients of so much of our food. Some...


Word of the Day
callithump
  • A somewhat riotous parade, accompanied with the blowing of tin horns, and other discordant noises; also, a burlesque serenade; a charivari.
'Callithump' is a back-formation of 'callithumpian,' a 'fanciful formation' according to the Oxford English Dictionary. However, the English Dialect Dictionary, says 'Gallithumpians' is a Dorset and Devon word from the 1790s that refers to 'a society of radical social reformers' or 'noisy disturbers of elections and meetings.'
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