I think Joel Velasco, Brazilian Sugarcane Industry Association, had the quote of the day here at the Farm Foundation Transition To A Bio Economy Conference.
He said that “carbon is the new agricultural commodity” and that “our incentive is to produce less of it and get paid for it.” So, grow a crop, sell it and maybe earn some carbon credits? Who knows where all that will wind up.
Joel wanted people to know that biofuels can not only help mitigate climate change but build energy security. In Brazil they’ve managed to increase the use of ethanol from sugarcane to where they’ve displaced fifty percent of their liquid gasoline. They don’t have gas stations anymore he says, they have “fuel” stations. He says price is the key to the development and use of ethanol and today ethanol is half the price of gas in Brazil.
You can listen to my interview with Joel here: ff-global-09-velasco.mp3
You can download the interview with this link (mp3).
You can find photos from the conference here:
Transition To A Bio Economy Conference: Global & Trade Issues Photo Album

A new website is helping to spot the latest job opportunities in agribusiness.
Seth Meyer is with the Food and Agricultural Policy Research Institute (FAPRI). He’s also a speaker here at the Farm Foundation’s Transition To A Bio Economy Conference.
We know that OPEC has had a monopoly control over the price of oil on the world market and we hope that the increase of more environmentally friendly biofuels will force that to change. However, David Zilberman, University of California, Berkeley, has created a model to measure how much impact we’re having.
Speaking on behalf of the European Commission To The United States here at the Transition To A Bio Economy Conference was Laurent Javaudin. Laurent sent me a message about coming to the conference via
Mary Thompson, Farm Foundation, took my photo yesterday as I was doing some concluding work for the day here at their Transition To A Bio Economy Conference: Global Trade & Policy Issues.
Biofuels production in Canada will impact meat trading patterns according to research by Al Mussell, George Morris Centre, University of Guelph. He says that the increase in biofuels production will turn the country into an importer of grains instead of an exporter. Al was one of the speakers at the Transition To A Bio Economy Conference.
A very interesting presentation at our Farm Foundation Global Trade and Policy Issues conference had to do with the impact on poverty. Tom Hertel, Purdue University, was our presenter.
Former Texas Congressman Charles Stenholm was the moderator for our second session here at the Farm Foundation Global Trade & Policy Issues conference. I don’t think you’ll find anyone more knowledgeable about the policy side of this discussion.