Cargill Earnings Tumble

U.S. agribusiness and trading firm Cargill Inc. posted a steep drop in quarterly earnings Oct. 10, citing economic uncertainty and volatile commodity markets. Minneapolis-based Cargill, one of the world s largest privately held corporations, reported $236 million in earnings from continuing operations for the quarter ended on Aug. 31, down 66 per cent from $693

A Fresh Look At Our Organic Roots

Janine Gibson isn t surprised when she hears about studies that find organic farming to be as productive as conventional production methods. To think that it couldn t be, well that s just garbage, said the organic inspector and cofounder of the Organic Food Council of Manitoba. According to an American study released this year,


Product Awareness

Priscilla Reimer heads the Manitoba Organic Alliance, an umbrella organization for organic associations and producers. The organic inspector said sound scientific research is an important aspect of promoting organic production methods, but added current findings are not unexpected. To me it s a non-argument … yes, we can feed the world using organic systems, she

EU Reform Plans Target Greener, Fairer Farm Subsidies

European Union officials want to make farm subsidies fairer and more environmentally friendly, in a bid to win support for keeping annual agricultural spending at about 55 billion euros (US$75 billion) up to 2020. Critics of the bloc s common agricultural policy (CAP) had urged the European Commission to take advantage of high global food


USDA Faces Industry Grilling On Corn Stocks Data

Grain traders were expected to pepper U.S. Department of Agriculture officials with questions on Monday this week about how they came up with surprising crop data that has prompted wild swings in futures prices. USDA is widely regarded as the world s best source of information on U.S. and global crop supplies. But over the



Kazakhstan Back In The Grain Export Business

Kazakhstan s state-owned grain trader will return to the export market this season, shipping up to 1.5 million tonnes of what promises to be the country s biggest post- Soviet grain crop, the head of the company said. Beibitkhan Kabdrakhmanov, chairman of the management board at the Food Contract Corporat ion, forecast that Kazakhstan would

Farmers Fight Farmers In Canadian Wheat Board Brawl

Mostly it has been farmers fighting the government over the Canadian Wheat Board s future, now it s farmer against farmer. Three western Manitoba producers paid for an inserted advertisement in the Manitoba Co-operatorlast week accusing the Keystone Agriculture Producers (KAP) of not working to save the Canadian Wheat Board and suggesting KAP members request


Price Spread Limiting DDGS Usage In Canada

COMMODITY NEWS SERVICE CANADA Ample domestic feed grain supplies together with high prices for corn-based DDGS (dried distillers grains with solubles) from the U.S. are currently limiting usage of the ethanol byproduct in Canadian livestock rations, according to market participants. The price spread is too wide right now, said Ryan Slozka, senior commodity trader with

Legislation To End CWB Monopoly Being Tabled This Week

Legislation to end the Canadian Wheat Board s monopoly was to be tabled in the House of Commons Oct. 18, but the board is fighting back and is urging farmers to fight too. (Agriculture) Minister Ritz and Prime Minister Harper would like you to believe that this is a done deal, wheat board chair Allen