 Stories About: agriculture AND biofuels AND energy AND industrial ag
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Aw, Shucks Food prices are high, and so are Big Ag's profits |
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30 Apr 2008 |
News |
| Posted at 10:29 AM on 30 Apr 2008 Food prices hitting you hard in the pocketbook? Agriculture giant Archer Daniels Midland feels for you, it really does -- but gee, its profits jumped 42 percent this quarter, so it can't really empathize. ADM's grain-processing division is doing lively business keeping up with the bumper corn crop. And, they'll have you know, high food prices are due to high oil prices, not to the ethanol push. Backing ... |
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| Topics: agriculture, biofuels, business, energy, food, industrial ag, news (all these topics) |
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Small-scale, community-owned biodiesel goes global An honest, interesting statement from Piedmont Biofuels of North Carolina |
Tom Philpott |
06 Mar 2008 |
Gristmill |
| I'm a fierce critic of biofuels, but I've always had a soft spot for small, region-based biodiesel projects that create fuel from local resources, providing jobs in the bargain. (I proudly ran Emily Gertz's feature on the topic in our 2006 biofuels series.) The income from such projects remains within communities, rippling around and building wealth. Rather than being just another conduit for transferring cash from communities into the pockets of global investors, fu ... |
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| Topics: agriculture, biofuels, energy, industrial ag, North Carolina, waste (all these topics) |
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Biofuels and the fertilizer problem Can a 'renewable fuel' rely on mining a finite resource? |
Tom Philpott |
13 Feb 2008 |
Gristmill |
| While scrolling through news accounts of the recent boom in the agrochemicals industry -- yes, that's how I spend my days -- I came across an interesting take on biofuels and phosphate, a key element of soil fertility. The article, from Investors Business Daily, takes a standard rah-rah position on what it deems a 'heyday in the heartland.' The journal wants to make sure its readers know there's plenty of cash to be made investing in the companies catering to the gre ... |
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| Topics: agriculture, biofuels, cellulosic ethanol, energy, ethanol, industrial ag, sustainable ag (all these topics) |
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Biofuels: good for agrochemical/GMO biz GMO giant Monsanto wows Wall Street, consolidates its grip on South America |
Tom Philpott |
13 Feb 2008 |
Gristmill |
| While debate rages on Gristmill and elsewhere about whether biofuels are worth a damn ecologically, investors in agribusiness firms are quietly counting their cash.As corn and soy prices approach all-time highs, driven up by government biofuel mandates, farmers are scrambling to plant as much as they can -- and lashing the earth with chemicals to maximize yields. At a Wall Street meeting on Tuesday, genetically modified seed/herbicide giant Monsanto promised investors ... |
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| Topics: agriculture, Argentina, Big Ag, biofuels, Brazil, business, energy, food, GMOs, industrial ag (all these topics) |
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Monsanto counts its cash Seed-and-chemical giant sees its profit triple |
Tom Philpott |
04 Jan 2008 |
Gristmill |
| In a gold rush, the firms that supply the gold diggers with tools -- not the gold diggers themselves -- make the highest and steadiest profits. That's a platitude, but it's also usually true. And it's now playing out in the boom in corn-based ethanol. Don't waste much time envying corn farmers. Sure, they've seen the price of their product double over the past year and a half or so. But they've also seen their costs inch up. Fertilizer, land rents (much of the farml ... |
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| Topics: agriculture, biofuels, business, energy, ethanol, food, industrial ag (all these topics) |
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European biodiesel: riding on empty? Unlike the U.S., European governments are cutting back on agrofuel goodies |
Tom Philpott |
27 Dec 2007 |
Gristmill |
| European biodiesel makers have entered a rough patch. The price for their main feedstock, rapeseed, has risen more than 50 percent since the beginning of the year. But the price of the final product, biodiesel, has plunged, because producers are churning out far more biodiesel than the market can absorb.Similar conditions hold sway among U.S. ethanol makers: heightened corn prices combined with an ethanol glut. But U.S. producers are celebrating while their European cou ... |
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| Topics: ag subsidies, agriculture, biofuels, energy, European Union, industrial ag (all these topics) |
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High crop prices, more chemicals All hail the biofuel boom |
Tom Philpott |
01 Nov 2007 |
Gristmill |
| A UN official recently declared biofuels a "crime against humanity," because they leach agricultural resources from feeding people and direct them to feeding cars. But one man's crime is another's boon. Surging biofuel use encourages farmers to maximize yield over all other considerations -- and they do so by lashing the earth with all manner of chemicals. That's why shareholders in agrochemical companies are celebrating the explosive growth of biofuel ... |
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| Topics: industrial ag, energy, biofuels, business, agriculture (all these topics) |
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Big Ethanol Economists say that only the largest ethanol producers will survive |
Tom Philpott |
21 Aug 2007 |
Gristmill |
| Of all the arguments in favor of government backing for corn-based ethanol, only one seems even remotely reasonable to me: that it could lead to real economic development in depressed areas of the Midwest. The theory goes like this: When farmers pool resources and build their own ethanol plants, they'll capture much higher profits than by merely selling corn to big buyers like ADM and Cargill. According to an article in today's Wisconsin State Journal, that ratio ... |
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| Topics: agriculture, biofuels, business, energy, industrial ag (all these topics) |
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Thirty years to hone an argument Arguments supporting government subsidies of agrofuels are getting polished |
biodiversivist |
19 Jun 2007 |
Gristmill |
| This is my formal rebuttal to David Morris's 'case for corn-based fuel.' I'm using my access to the bully pulpit to pull it out of the comments field. How did the use of ethanol end up alongside tyranny and torture as an evil to be conquered? That's easy. A whole lot of real smart people have been giving corn ethanol a lot of thought and have found that 'an evil to be conquered' isn't a bad description. In smaller quantities, it does smaller amounts of damage, b ... |
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| Topics: ag policy, ag subsidies, agriculture, biofuels, energy, ethanol, food, industrial ag (all these topics) |
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Make way CAFO-diesel The latest beneficiary of biofuel subsidies: industrial feedlot operators. |
Tom Philpott |
04 Jan 2007 |
Gristmill |
| So far, a huge amount of the government's lavish support for biofuel has ended up on the bottom line of Archer Daniels Midland, the king of industrially produced, environmentally ruinous corn. Now another type of model corporate citizen is in line for a cut of the action: huge-scale confined-animal feedlot operation (CAFO) players like Tyson and Smithfield.This AP story details the efforts of a couple of oil men to set up a biodiesel plant outside of a Missouri industr ... |
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| Topics: agriculture, biofuels, energy, industrial ag (all these topics) |
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Feeding the Beast It's time for a real 'food vs. fuel' debate |
Tom Philpott |
13 Dec 2006 |
Victual Reality |
| It's time for a real "food vs. fuel" debate By Tom Philpott 13 Dec 2006 Grain piled high at an ethanol plant will feed only insatiable driving habits. Photo: iStockphoto Can U.S. farmers keep filling the nation's bellies as they scramble to fuel its cars? Given its evident gravity, the question has drawn remarkably little debate. Like it or not, though, more and more food is being devoted to fueling the nation's 211-million-strong auto fleet. High gasoline prices, ... |
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| Topics: agriculture, biofuels, economy, energy, ethanol, food, fossil fuels, greenhouse-gas emissions, industrial ag, Victual Reality (all these topics) |
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