GMO Crops Planted In 29 Countries In 2010

Global plantings of biotech crops increased 10 per cent last year, continuing steady growth over the past decade that has been spurred by concerns about feeding a growing world population, according to an industry analysis. While the United States remains the largest user of genetically modified seeds, Brazil posted the biggest growth, with plantings rising

Profit-Taking Hammers Canola

ICE Futures Canada canola contracts saw a roller-coaster of a week during the period ended Feb. 18, as the bottom finally fell out of the market and participants took profits after the steady rise over the past few months. However, after four straight days of large declines, values stabilized for a day, bounced higher and


Forecast For March: Very, Very Hot

After hiring into the market newsletter biz 30 years ago, my new bosses informed me that I’d sink or swim on how well I learned either fundamental or technical market analysis. I had two weeks to master one. Since fundamental analysis centres on farm and ranch facts and figures and technical analysis relies on charts

U.S. Reports Record Net Farm Income

The U.S. farm sector is enjoying a broad-based boom, thanks to surging prices and vociferous demand from China, Agriculture Secretary Tom Vilsack said Dec. 1. U.S. net cash farm income will rise 34 per cent to a record $92.5 billion this year, one of the the rosiest years for American agriculture in four decades. “The


Record-High Cotton Prices Lend Underlying Support To Soybeans

Co t t o n prices reached $1.4052 per pound Nov. 4, which is the highest price since this fibre began trading 140 years ago. Pr i c e s have doubled in the past 12 months amid a supply shortage and increasing demand, especially in emerging markets in Asia. USDA estimates 2010-11 world ending

GMO Crop Growth Expands Around Globe

Led by U. S. producers, 14 million farmers around the world planted genetically modified crops last year, increasing planted biotech cropland by seven per cent, even as biotech crop use declined in Europe, according to an industry report issued Feb. 25. Expansions were noted for biotech soybeans, corn and cotton, and the appeal to farmers


China Favours GMOs, But None Grown Yet

China will accelerate development of its own genetically modified (GMO) crops, seeking to secure food security and international competitiveness, an official from the country’s Ministry of Agriculture said. The official from the ministry’s biosafety administration office also denied recent media reports that China had already approved imported GMO grain seeds for widespread planting. His remarks

Global GMO Crop Growth Expands

Led by U. S. producers, 14 million farmers around the world planted genetically modified crops last year, increasing planted biotech cropland by seven per cent, even as biotech crop use declined in Europe, according to an industry report issued late last month. Expansions were noted for biotech soybeans, corn and cotton, and the appeal to


India Politics Delay GM Vegetable Start

“It is my duty to adopt a cautious, precautionary, principle-based approach.” – JAIRAM RAMESH India has postponed the launch of its first genetically modified (GM) vegetable, saying it would adopt a cautious approach and wait for more scientific studies on the impact of the new variety of eggplant. “The moratorium will be in place until

Talks Begin To Resolve U. S.-Brazil Dispute

U. S. and Brazilian officials have begun talks to try to settle a trade dispute at the World Trade Organization over U. S. cotton subsidies, the U. S. ambassador to Brazil said Feb. 3. The South American agriculture giant was expected to present a definitive list of U. S. targets for retaliation in coming days.