GFM Network News

BP second company this year to drop cellulosic ethanol plant

Reading Time: 2 minutes Reuters / BP Plc on Oct. 25 said it cancelled plans to build a plant in Florida to turn tough grasses such as sorghum and cane into cellulosic biofuel, the second oil major this year to back out of plans to produce “next generation” ethanol from non-food crops. Once seen as a promising alternative to […] Read more

Corn Stocks To Rise If Ethanol Tax Credit Cut

Reading Time: 2 minutes Stockpiles of U.S. corn would begin to rebuild if Congress allows tax credits for ethanol expire at the end of the year, a key group of economists at the University of Missouri said March 7. The university’s Food and Agricultural Policy Research Institute, or FAPRI, forecast corn stocks at the end of the 2011-12 marketing […] Read more

Expect More U. S.-China Farm Trade Tension

Reading Time: 2 minutes Chinese farm exports are set to become a greater source of trade tension as China boosts its production and becomes a bigger player in world markets for labour-intensive crops, a U. S. agricultural economist said Feb. 19. Importers around the globe have already launched more than 30 farm trade cases against China in recent years, […] Read more

Hunger Levels “Alarming” In S. Asia, Africa-Report

Reading Time: < 1 minute The world has made little progress in reducing hunger since 1990, a new report said on Oct. 14, pointing to 29 countries with alarming levels of malnutrition, mainly in Africa and South Asia. Those countries also are most vulnerable to the impact of historically high food and energy prices, as well as economic recession – […] Read more

World Falling Short On Emergency Food Aid

Reading Time: < 1 minute The world is falling far short in feeding its most critically hungry, pledging only $3.7 billion of the $6.7 billion needed to fund the World Food Programme for 2009, the head of the United Nations relief agency said on July 29. The agency has so far received only $1.8 billion and has had to cut […] Read more