French durum wheat producers aim to expand exports through a trading joint venture in a riposte to expected stiffer competition from Canada, the world’s top exporter of the pasta ingredient, the head of the French venture said. The ending last year of the Canadian Wheat Board’s marketing monopoly in Western Canada has shaken up the
French durum exporters scale up to meet Canadian competition
French farmers protest rules limiting nitrate pollution
French farmers are protesting what they see as burdensome environmental regulations linked to European Union targets on water quality. Environmental rules have become a major grievance in recent years for French farmers, who blame such measures for eroding their competitiveness. Last month’s protests, including a pre-dawn street blockade near the Farm Ministry in Paris, were
Brazil threatens WTO action over BSE restrictions
The world’s top beef exporter, Brazil, will give countries that curbed imports of its beef after a case of BSE until March to drop the measures, or it will file a complaint at the World Trade Organization, farm ministry officials said. Five countries have implemented full or partial bans on Brazilian beef imports since confirmation
You ain’t seen nothing yet — analyst predicts $9 corn is on its way
AgResource says stocks are perilously tight and if more weather woes hit, “we don’t know how high is high”
Reuters – U.S. corn prices could rise to a record $9 a bushel in the next six months as global grain markets continue to feel the effects of severe weather disruptions, says Chicago-based consultancy AgResource Co. The worst drought in half a century in the U.S., the world’s biggest corn grower and exporter, triggered aFrance calls emergency G20 ag meeting for mid-October
France has called an emergency meeting of G20 farm ministers for mid-October to discuss curbing price swings on grain markets, the French president’s office said, after a year of drought and record prices renewed fears of a crisis in food supplies. France currently presides over a grains body created last year under the Group of
World powers weigh emergency meeting on food prices
Leaders want to avoid grain export embargoes that factored into global shortages and political instability in 2008.
Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to tackle soaring grain prices caused by the worst U.S. drought in half a century and poor crops from the Black Sea bread basket. France, the United States and G20 president Mexico will hold a conference call at the endWorld powers eye emergency food meeting; action doubted
Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to address soaring grain prices caused by the worst U.S. drought in more than half a century and poor crops from the Black Sea bread basket. France, the United States and G20 president Mexico will hold a conference call at
Commodity storm leaves food concerns intact
This week’s commodities plunge has done little to dent concerns of continuing food price inflation, as grain prices held up better than most and fundamentals for the highly weather-sensitive sector are unchanged. Grain traders have had their eyes glued to weather forecasts rather than economic data, as heavy rainfall slows planting in the U.S. Corn
Equipment Sales Tell Farm Story
Farm machine sales are showing a divide in French agriculture, with grain growers stepping up investments after a price rally but struggling livestock farmers still holding back, a Deere &Co. manager said. Crop farmers were being much more careful, however, in choosing products after experiencing a market surge in 2007-08 followed by a downturn, Jean-Francois
New French Farm Leader Brings Change In Style
Plans to develop contracts to cushion price swings between French cereal and livestock sectors show how farmers can play a more active role in the food industry and not rely solely on public subsidies, the head of France’s main farm union said. France’s cereal and livestock sectors have agreed on the outline of such supply
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