It’s Different This Time — Just Like The Other Times?

As we write this column, March 2011 corn futures closed at $6.87/bu., wheat at $8.53/bu., soybeans at $14.33/ bu., rice at $15.80/cwt, and cotton at $1.67/lb. We are seeing a second wave of a general price increase for commodities that began in late 2006 and saw its first peak in 2008, followed by a retrenchment.

Ethanol And Oil Subsidies: Competing Claims And Self-Justification

Acommon question we hear when we tell people that we are agricultural policy analysts is “Well, whaddya think about ethanol subsidies?” That question becomes critically important as the blenders’ credit, the ethanol import tariff and the small producers’ tax credit face a deadline of December 31, 2010 for renewal by a lame-duck Congress. Todd Neeley,


Rethink Farm Support, Former Farm Economist Says

Government farm aid is being misspent on farmers who don’t need the help, and Ottawa and the provinces are misguided in their support for supply management, according to a man who was once the voice of Quebec’s powerful Union des Producteurs Agricoles. Instead of subsidizing farm incomes, governments should “support agricultural entrepreneurship in order to

Britain Wants Deeper CAP Reform

The EU executive’s plans to reform the common agricultural policy are too timid, Britain’s farming and Environment Minister Caroline Spelman said Dec. 6. The European Commission adopted plans last month that would force farmers to do more to protect the environment in order to justify public subsidies. It also proposed moving some funding from direct


Mixed Reviews For EU’s Green Farm Policy

The EU executive adopted plans Nov. 18 that will force farmers to do more to protect the environment in order to justify public subsidies, despite farm unions warning that could threaten their economic viability. In a policy paper on reforming the EU’s common agricultural policy (CAP) from 2013, the European Commission said linking direct subsidies

U. S. Election To Take Toll On Farm Funding

U. S. lawmakers will face increasing pressure to constrain spending on farm subsidy programs after mid-term elections on Nov. 2, possibly as part of government- wide belt tightening. At its most extreme, the budget cutting could push millions of acres back into production by slashing long-term reserves that idle 10 per cent of U. S.


“Everything” Is Not On The Table

Hunger that emerged as a side-effect of war left a lasting mark on European culture – one that we would do well to remember in the context of the much-heralded negotiations towards a Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union. Canadian and European negotiators have been working towards a bilateral

Expensive CAP Unlikely To Be Capped

With a wave of post-crisis austerity sweeping Europe, deep cuts to public spending are the order of the day, and for some, the EU’s much-criticized common agricultural policy (CAP) is a prime target for cost savings. But given the current debate on the future of the European Union’s farm policy, those wanting a radical reform


Global Grain Reserve Idea Gaining Momentum – for Oct. 7, 2010

During the decade from 1996 to 2006, the world became accustomed to stable crop production levels. Production problems in one part of the world were balanced out by increased production elsewhere. In such a world it was easy to argue that reserves were unnecessary, because there would always be someone with a supply they were

The Urbanization Of Farm Policy

It has often been difficult over the past decade or so to find the word “farmer” or “agriculture” in the avalanche of policy statements put out by federal parties during election campaigns. Oh sure, there’s been the hot-button issues such as the Canadian Wheat Board, listeria and more money for hard-pressed farmers, but getting the