AgriInvest Now Requires Producer Accounts – for Jul. 29, 2010

It’s back to the future for AgriInvest, the descendant of the former NISA program. Farmers must now open accounts at their local financial institutions to make their AgriInvest deposits for 2009. The federal government has held producers’ accounts for two years but now it’s time for them to open their own. That’s the way it

Get Paid ASAP

The Canadian Grain Commission (CGC) tries to ensure grain companies have enough security posted to cover farmers against payment defaults, but sometimes the security falls short. That’s why the CGC urges farmers to get paid right away. Farmers can make a claim against a company’s security if they are not paid within 90 days from


More Effort Needed To Break Doha Impasse

Ministers from major trading powers decided May 27 to redouble efforts for a deal in the stalled Doha round, arguing that opening up global trade would boost the world economy without hitting budgets. They acknowledged the 8-1/2-year-old Doha round was at an impasse and that serious negotiations – away from the glare of the media

How Fraudproof Are You?

Give yourself 2 points for every right answer: 1.c) 2.b) 3.a) 4.b) 5.c) 6.a) 7.c) 8.c) 9.a) 10.b) 11.c) 12.c) If you scored 20 to 24: You run a tight ship – your information is pretty safe. If you scored 14 to 18: You know the basics, but there is more you can do to


U. S. Wants New WTO Process

Big emerging countries like China, India, Brazil and South Africa must do more to open their markets to secure a new global trade deal, the U. S. trade chief said May 13. U. S. Trade Representative Ron Kirk, who took up his job in March, was speaking after two days of intense talks with U.

City And Farming Water Needs Collide

“I don’t think the American public has gripped in its gut what could happen. We’re looking at a scenario where there’s no more agriculture in California.” – U. S. ENERGY SECRETARY STEVEN CHU California almond farmer Marvin Meyers has moved into banking – water banking that is. In the heart of the San Joaquin Valley,


Bulgaria Farmers’ Anger Mounts With Crisis

Hard-pressed farmers buckling under debts, high costs and weak prices in Bulgaria are becoming more militant in a bid to force government help for a sector that was already on life support before the crisis. Farmers are frustrated that endemic corruption and bureaucracy are blocking their lifeline – 6.5 billion euros ($8.86 billion) of subsidies

Russian farmers face financial crunch

“Farmers are having to unload their production at low prices to repay loans.” Russian agriculture needs more than $34 billion from a government rescue package by the end of 2008 to refinance loans and ride out the global financial crisis, the head of the country’s grain industry lobby says. Russian Grain Union president Arkady Zlochevsky


Governments must be ready when free markets free fall

There has been a determined effort to move away from the governmental regulations, not only in the financial and agricultural sectors, but in other sectors as well. Is extremism in the name of free markets a virtue or a vice? As we write this column, it appears that congressional and administration leaders have come to

Financing secure for UN small farm aid

Financing to help some 500 million small farms around the world is secure for the time being despite the global credit crunch and rising commodity prices, a UN agency told Reuters Sept. 22. The Internat ional Fund for Agricultural Development (IFAD), a specialized agency of the United Nations, wants to raise US$3.5 billion in its