Manitoba Co-operator

Markets soar as USDA slashes soy, corn stocks

(Reuters) –– America’s stockpiles of corn and soybeans will be drawn down to uncomfortably thin levels this year, according to a government report Wednesday that sent grain prices soaring and added to concerns over surging world food prices. Dwindling stocks in the world’s biggest food exporter — depleted by strong ethanol demand and a sharp


USDA Issues Draft Plan Allowing GM Sugar Beets

The U.S. Depar tment of Agriculture issued a draft proposal on Nov. 2 to again allow farmers to grow Monsanto’s genetically modified sugar beets, which are fiercely opposed by environmentalists. A U.S. district court in California has ruled that the sugar beets cannot be produced until the USDA issues a full environmental impact study, which