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EU Executive Pledges Curbs On Commodity Speculators

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The European Union’s execut ive announced plans Feb. 2 to tackle speculation in commodities with new controls on trading to stop runaway prices for grain and energy. Spiralling food prices, which helped spark deadly riots that brought down the ruling regime in Tunisia, have prompted Middle Eastern neighbours to stockpile grain. Rising commodity prices have
Cereals, Livestock

Free Trade Talks With Morocco Wins Praise From Ag Sector

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Canadian farm groups and the Canadian Wheat Board were quick with praise last week for a federal initiative to launch free trade negotiations with Morocco, saying a deal is needed to keep Canadian durum and pulse exports competitive with shipments from the United States. The U.S. has had an FTA with the North African country
Livestock

Germany Seeks Brakes On Speculation

Germany will seek to brake outside speculation in agricultural commodities, German Farm Minister Ilse Aigner told a newspaper Jan. 17. “I am greatly concerned that the markets with their derivatives for agricultural products are increasingly developing their own independent existence,” she told the dailyHandelsblatt. “This reaches into price manipulation.” The French government the previous week
Crops

Bankers Say Spinoff Could Put Mosaic In Play

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Agribusiness giant Cargill Inc. plans to spin off its $24-billion majority stake in Mosaic Co., a move that could eventually lead to a takeover of Mosaic, the world’s second-largest fertilizer producer. The distribution of the 64 per cent stake in Mosaic will allow Cargill to maintain its private company status while enabling Cargill family trusts
Cereals, Opinion

“Everything” Is Not On The Table

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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
Crops

CAFTA Supports Canada-EU Trade Talks

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The Canadian Agricultural Trade Alliance has come out in favour of ongoing talks towards a comprehensive trade agreement between Canada and the European Union. Stan Eby, president of CAFTA, said Canada is too reliant on the U. S. for exporting agricultural products, which is why it is critical for the European market to open. Canada
Livestock, Oilseeds, Pulses

Canada Pushing For Biotech Changes – for Sep. 23, 2010

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Canada is pushing international organizations and trading partners to accept low level levels of genetic engineering in crop shipments and adopt science-based trading rules, says Agriculture Minister Gerry Ritz. Speaking to reporters from New Delhi, India, near the end of a country trade mission, he said he repeatedly raises the issue because of problems Canadian
Crops

Agrium Sees AWB As A Platform For Retail Growth – for Sep. 9, 2010

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Fertilizer maker and farm products retailer Agr ium Inc. sees Australia’s AWB as the perfect platform to continue expanding its global retail network, said a top company executive Aug. 16. Agrium has launched an unsolicited $1.1 billion bid to acquire AWB, Australia’s largest wheat exporter, trumping a rival offer from Australia’s GrainCorp. “The key is
News

Canada-U. S. To Boost Agriculture Co-Operation – for Aug. 26, 2010

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Canada and the United States have pledged greater co-operation on reducing protectionist international trade barriers, says Agriculture Minister Gerry Ritz. The two countries will set up “a high-level working group to advance a science-based approach to global agricultural trade,” Ritz said in a statement issued after a meeting with USDA Secretary Tom Vilsack. Details on

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