A United Nations food agency issued a forecast Friday of record levels of global cereal production this year but also said prices would remain high.

The National Biodiesel Board spent more than $384,000 in the first quarter to lobby on a range of measures intended to expand use of biofuels.

The US move to biofuels has been a remarkably successful experiment in renewable energy promotion despite its inadvertent, and probably exaggerated, effect on higher agricultural prices.  But the industry's future lies in next generation, non food-derived  biofuels.

The steepest run-ups in food prices since 1990 are hurting grocery shoppers, restaurants and school cafeterias but they're making others rich.

Senate Republicans asked environmental regulators to use their power to halt the country's ethanol output expansion plans amid rising food prices.

Farmers and ethanol producers defended their good fortune Wednesday in the nation's capital, where more lawmakers are blaming a corn-for-fuel policy for soaring food prices.

Worries that the U.S. government will repeal or soften mandates on blending ethanol with gasoline sent shares of Archer Daniels Midland down 4.7 percent Tuesday, even as ADM posted a 42 percent jump in quarterly profit.

The ethanol industry, once highly touted as a home-grown, alternative energy source, is struggling to retain its diminishing luster.

A moratorium on the purchase of soybeans from newly deforested areas of the Amazon appears to be keeping working, environmentalists and an industry group said Monday.

Five-star fund manager Barry James sees a small rally coming, but he warns investors not to get caught in a bear trap.

On a conference call back in early November, Archer Daniels Midland Chief Executive Patricia Woertz sounded like an ethanol bull on the prowl for a bargain.

A fresh wave of economic worry swept across Wall Street, aggravated by a spike in wholesale prices, dismaying corporate results, and oil trading above $100 a barrel.

Five-star fund manager Barry James is known for his bearish views.  He's correctly predicted bear markets.  He's not bearish now -- not, at least, near-term.

Archer Daniels Midland, a leading U.S. food processor and ethanol producer, posted higher quarterly profit, boosted by demand for protein meal and seed oil and improved results in its wheat and malt processing operations.