Food Prices Near 2008 Levels

World food prices have come close to the 2007-08 crisis levels after a spike in October, but global supplies are stronger now and cereal prices remain well below critical levels, the UN’s food agency economist said Nov. 2. The Food and Agriculture Organization’s (FAO) Food Price Index hit the highest level in 27 months in

African Agriculture Coming Of Age

Agrowing African food sector can yield private sector returns on the back of government support, said a report on Oct. 26, which also said that a global grain reserve may be needed to protect consumers from price spikes. Local initiatives aiming for an African equivalent of the Green Revolution, which swept developing countries in the


U. S. Election To Take Toll On Farm Funding

U. S. lawmakers will face increasing pressure to constrain spending on farm subsidy programs after mid-term elections on Nov. 2, possibly as part of government- wide belt tightening. At its most extreme, the budget cutting could push millions of acres back into production by slashing long-term reserves that idle 10 per cent of U. S.

U. S. Ethanol Makers Seek Renewal Of Tax Breaks

Attacked as subsidy addicts, U. S. ethanol makers may need help from friends in high places, including the White House, to hold on to lucrative tax breaks set to expire at the end of the year. The industry says it is ready to discuss revisions in the incentives, worth $6 billion a year. An amalgam


Policies Should Favour Land Users

Land purchases by foreign investors in poor countries and the growing use of biofuels are pressuring agricultural farmland and pushing 500 million small farmers towards hunger, a UN envoy said on Oct. 21. Olivier De Schutter, the UN special rapporteur on the right to food, said the combination of environmental degradation, urbanization and large-scale land

U. S. Offers Aid For Biofuel Production

The government is offering more than $1.5 billion in assistance, from field to filling station, to bring next-generation biofuels to market, Agriculture Secretary Tom Vilsack said Oct. 21. Vilsack said the aid would assure renewable fuel consumption reaches 36 billion gallons by 2022, with the bulk of it coming from non-food sources such as grass,


Vilsack Says E15 Decision Underscores U. S. Support

U. S. Agriculture Secretary Tom Vilsack said Oct. 13 the government’s decision to boost the amount of ethanol allowed in U. S. gasoline was a strong signal the Obama administration will establish a strong U. S. ethanol industry. “Today’s announcement on E15 for 2007, 2008, 2009, 2010 and beyond is a positive signal that we

“Cow Chip” To Track Brazilian Cattle

Years after India broke into the high-tech business with information technology and China by way of manufacturing, Brazil may find its entrance in an unusual place – a cow’s ear. The South American giant is preparing to use its first locally designed microchip in cattle earrings, a device that could eventually help authorities crack down


China Turns Into A Regular Corn Importer

China’s major foray into the global corn market this year could become routine as it strives to fend off the threat of animal feed price inflation, which Beijing worries could send household food bills soaring. With feed demand in the world’s second-biggest corn consumer rising by nearly eight per cent a year over the past

CropLife Canada Promotes Technology Innovation

CropLife Canada has published its case for the continued use of pesticides and the pursuit of biotechnology to sustainably feed the world. The documentWe Stand for Sustainabilityoutlines the three P’s behind its position – people, planet and prosperity – and spells out how crop protection products and biotechnology can help feed the world’s growing population