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Dairy cattle, News

EU milk farmers to absorb quota rise, price is key

“It’s very much a political deal… without maybe looking at what the best solution would be for the entire region.” – MARK VOORBERGEN, RABOBANK ANALYSIS BY JEREMY SMITH BRUSSELS/REUTERS Europe’s dairy farmers should gain more production flexibility after farm ministers agreed to a series of quota increases from 2009 but are unlikely to churn out
News

U. S. House panel to monitor CDS clearinghouse pace

Futures exchanges from Chicago and New York will be asked to report in early December on their progress in forming clearinghouses to stabilize credit default swaps, a U. S. House of Representatives committee chairman said recently. The clearinghouses are regarded by U. S. regulators as a way to restore liquidity to the swaps market and
Cereals, Livestock, Opinion

LETTERS – for Nov. 20, 2008

At least on ballot, choice is clear I, along with three out of the five Canadian Wheat Board director candidates, wish to thank the Co-operator for your even-handed manner of providing equal space to all the candidates (Co-operator, Nov. 13, pages 21 to 25). While these three candidates advocate a particular policy they name as
Country Crossroads

Rural area eyes “buy local” initiative

By
A mix of community pride and fear for the future is driving more small towns to promote the concept of buying local – and not just at Christmas. “I think people are starting more and more to realize the importance of it,” said Sharon McNeily, who came out to listen to a mid-October presentation on
News

No bail-out for ethanol makers

The U. S. government would waste its money on ethanol, “the Fuel to Nowhere,” if it uses a loan guarantee program to prop up struggling ethanol makers, said officials from anti-waste groups Oct. 20. The officials criticized the prospect that ethanol makers could obtain up to US$25 million in bank loans carrying an Agriculture Department
Cereals, Crops, Opinion

Improving the staff of life

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At first glance, the press release issued by the Canadian Wheat Board earlier this month is a classic “dog bites man” story. The board announced the vast majority of Prairie wheat farmers (88 per cent to be exact) grow varieties that are used primarily to produce bread and pasta. What’s more, this is not a
News

Funds see food staple prices weathering storm

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Agricultural commodity prices are likely to fall in the short term as investment funds exit the market but should recover eventually in line with their fundamentals, fund managers told a conference Oct. 7. Asked what impact the financial crisis would have on staple food commodities such as sugar, wheat and coffee, Chris Armitage, managing director
News

U. S. jury finds Parmalat milked Citigroup

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“Citi was the largest victim of the Parmalat fraud and not part of it.” – Citigroup Statement A U. S. jury on Monday found Italian dairy company Parmalat had defrauded Citigroup in a case stemming from Parmalat’s 2003 collapse, and awarded the bank US$364.2 million in damages. The 6-1 verdict was handed down by a
Beef cattle, Livestock, Livestock Markets

U. S. plants start rejecting Canadian cattle

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“It’s a very significant disruption. – John Masswohl, CCA Canada’s cattle shipments to the United States are plummeting as the new country-of-origin labelling (COOL) rule takes effect. Some U. S. packers are taking a hands-off approach to Canadian cattle as uncertainty reigns over how to handle slaughter animals from another country. The impact became noticeable

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