EU Grain Farmers Brace For Life Without Safety Net

European grain farmers can expect volatile prices after Brussels partially removes a safety net in May, and cannot readily switch to other crops and will have to deal with market forces as best they can. As part of a drive towards a free market, from May 31 the European Union will suspend automatic “intervention,” the

OECD Agree To Reinvest In Food Chain

“Some fluctuations are normal (but) these wild swings are unacceptable.” – NIKOLAUS BERLAKOVICH Farm ministers from the world’s richest countries said Feb. 27 they would study price volatility and look at ways of boosting innovation as part of efforts to help agriculture meet food and environmental challenges. But the gathering of members of the Organization


Market Access Oversold

The benefits of free trade and unfettered access to world agricultural markets are being oversold to farmers, according to Daryll E. Ray, an agricultural economist at the University of Tennessee. Economic principles such as supply and demand and comparative advantage don’t work the same with food as other commodities. Food, like insulin to a diabetic,

Industrial Ag Model Is Broken, Says Ag Economist

It’s just a matter of time before small towns humming with diversified, locally based economic activity surrounded by a thriving countryside filled with hardworking farm families start making a major comeback on the rural landscape. Why? There’s simply no other choice going forward, according to John Ikerd, a retired U. S. agricultural economist and author


India Reforms Fertilizer Pricing, Farms To Gain

India has eased controls on several fertilizers and raised prices of the popular urea nutrient by 10 per cent, raising hopes of more reforms, lower subsidies and higher margins for producers. The government, facing protests against soaring food prices, has cautioned fertilizer firms that if prices rise sharply, it will reimpose controls to protect farmers

2009 Corn Crop Insurance By The Numbers

Corn farmers insured: 560 Insured corn acres: 161,500 Total corn coverage: $51.5 million Corn premium collected: $9.6 million (Farmers paid 40 per cent or $3.8 million, the federal government paid 36 per cent or $3.5 million and Manitoba paid 24 per cent or $2.3 million.) Average probable (long-term average) corn yield: 88.8 bushels an acre


French Farmers Want More Flexible EU Aid

The European Union should vary the amount of aid it gives to farmers to help them cope with swings in market conditions, France’s main farm union said Jan. 7. EU farm aid totals some 40 billion euros (US$57 billion) annually and will be at the heart of negotiations starting this year on the future of

Green Box Subsidies Can Also Distort Trade

Efforts to overhaul agricultural support in rich countries are increasingly under challenge for failing to remove the unfair distortions in global trade that they purport to eliminate, a new study says. The study by agriculture and trade economists, published by the International Centre for Trade and Sustainable Development (ICTSD), questions the thrust of farm negotiations


Fault Lines Run Deep As EU Farm Policy Talks Heat Up

An “offensive strategy” by France to take the lead in shaping a reform of European Union farm policy may not be enough to shield French farmers from the far-reaching changes sought by other member states. The 27-nation bloc plans to overhaul its complex Common Agricultural Policy (CAP), which often provokes fierce arguments, and wants to

Development Policy Driven By Common Sense, Not Edicts

…most of the recommendations he identifies are drawn from the actual practice employed by many of the leading countries of the world as they went through their development phase. Alast-ditch effort to conclude the Doha Development Round of World Trade Organization negotiations was held in the summer of 2008 in the hope that George W.