Food Prices Seen Lower Than In 2007-08 – for Sep. 16, 2010

Rising prices for a wide range of agricultural commodities are stirring fears of global food-driven inflation, but there should be no repeat of the crisis seen in 2007-08 unless governments start to panic. Analysts cite much higher global stocks of staples such as wheat and a more challenging economic environment as factors which should temper


Dollar Seen Softer In Coming Months – for Sep. 9, 2010

The Canadian dollar rallied sharply on Sept. 1 in response to a renewed appetite for risk in the global financial markets. But a generally softer tone is more likely over the next several months given the general economic uncertainty still pervading the globe, according to a currency analyst. Matthew Strauss, senior currency strategist with RBC

No MASC Hail Coverage On CMEMAP Acres – for Aug. 26, 2010

Some farmers who have drowned acres are upset they aren’t also eligible for the hail coverage they purchased through the Manitoba Agricultural Services Corporation. Crops where Manitoba farmers have claimed $30 an acre under the Canada-Manitoba Excess Moisture Assistance Program (CMEMAP) aren’t eligible for hail coverage through the Mani toba Agr icul tural Services Corporation






Farm Aid Highly Political

Why should governments top up crop insurance coverage in a year where there’s a widespread disaster when they wouldn’t likely have the same response if the problem was regional? Amazingly, last week’s annual meeting of federal and provincial agriculture ministers concluded with a detailed program announcement for flooded Prairie farmland. Rarely do governments act so


Cautious Approach Urged In EU Trade Talks

“(Canadian farmers) would be forgiven for suggesting that the standard of support in the EU is risk elimination.” – TRADE CONSULTANT PETER CLARK Acautious approach to negotiating the agriculture component of a free trade agreement with the European Union is needed, warns trade expert Peter Clark. Clark’s observations about the trade talks came as the

Excess Rain Leaves 700,000 Acres Unseeded

“We’re in the middle of making payments and we’re doing them as quickly as we can. Our adjusters are going like crazy.” – DAVID VAN DEYNZE, MASC About 700,000 acres of Mani toba cropland was too wet to seed this spring, which will trigger $29 million to $30 million in payments to waterlogged farmers through