WTO deal seen more challenging in 2009

The global economic crisis and a downturn in agricultural prices will make it more difficult to secure a world trade pact in 2009, a top European Commission official said Jan. 6. “We were very close to a Doha agreement (in 2008) and it is clearly a missed opportunity,” said Jean Luc Demarty, director general of

Vilsack to face food subsidy issues in top ag job

Tom Vilsack, a former governor of the top corn-and soybean-producing state of Iowa, was set to be named next agriculture secretary by U. S. president-elect Barack Obama, Democratic officials said Dec. 16. Vilsack, a lawyer, will oversee one of the largest federal departments with 100,000 employees and a $95 billion annual budget, the bulk of


Rich U. S. farmers cash in

Too many rich farmers continue to receive U. S. farm subsidies in spite of income caps designed to restrict their participation, and the Agriculture Department needs to do more to enforce the rules, the auditing arm of Congress said on Nov. 25. More than 2,700 people whose gross income topped $2.5 million – making many

Americans use bully tactics at WTO

Lest there was ever any doubt, new text released by the World Trade Organization (WTO) on Dec. 6 makes it glaringly apparent that the Canadian Wheat Board (CWB) is once again being attacked by the United States for nothing but political reasons. Let’s start with the facts. Despite 14 trade challenges and investigations launched by


EU spotlights large farms in subsidy reform debate

Europe’s farmers, especially the wealthiest ones, may see the end of a string of “old-style” subsidy schemes next year as agriculture ministers negotiate the most ambitious policy reforms in five years. European Union farm ministers met Nov. 19 to negotiate and finalize an agreement on a series of proposed changes to the Common Agricultural Policy

The silence of farmers

JOHN MORRISS EDITORIAL DIRECTOR When the stock market drops by 40 per cent, what happens? People get upset. Really upset. The world’s leaders hold emergency meetings. Virtually every economist quoted in the financial press agrees that the “free market” system got completely out of hand, turning into a system to capitalize gains and socialize losses.


China shores up falling crop prices

China will purchase grains for reserves at prices above current market levels, set up national soybean reserves and buy grains, rapeseed and cotton, in order to help shore up incomes of farmers whose commodity prices are falling sharply. The moves are in line with a pledge by top policy-makers this month to increase rural incomes.