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Country Crossroads

UN Sees Food Production Down 25 Per Cent By 2050

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Up to a quarter of global food production could be lost by 2050 due to the combined impact of climate change, land degradation and loss, water scarcity and species infestation, the United Nations said Feb. 17. The fall-off will strike just as two billion more people are added to the world’s population, according to the
Cereals, Opinion

You Can’t Beat The Pool

JOHN MORRISS EDITORIAL DIRECTOR One of the more peculiar accusations levelled at the Canadian Wheat Board is that it is “secretive.” Compared to what? No other of the world’s major grain-marketing organizations provides so much detail such as that in the annual report released this month. Contrast the CWB’s multi-page statements of revenue and expenses
Opinion

Give Us The Tax Break And No One Gets Hurt

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DAVE BEDARD It’s hard not to sympathize with the folks in the province’s general farm organization as it lobbies on farmers’ behalf. Given all the “wedge issues” in farm policy, when you strive to stake out a position that a majority of farmers can support, the positions you adopt won’t generally lend themselves to a
News

Russia combines assets to great new grain player

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The Russian government has sent a draft decree on creating a grain-trading company on the basis of state-owned assets to President Dmitry Medvedev for signing, powerful grain industry lobby said Jan. 12. “Once the decree is signed it will take one month or one month and a half to effectively transfer the assets,” Arkady Zlochevsky,
Country Crossroads

Choosing which debts to pay first

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Threats by debt collectors to ruin your credit score should not be a reason to move the debt to higher priority. Are you faced with making decisions on which debts to pay first due to lack of or limited income? You are not alone. Here’s some guidelines to help you set priorities. Always pay for
Cereals, Opinion

How the West can be wooed

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“…being poor is not a watertight compartment. The relatively well off this year may be next year’s poor.” Michael Ignatieff, the newly minted leader of the Liberal party, is on record as wanting to re-establish a political presence in the form of elected members from Western Canada. He seems to want to do this through
News

After worst year ever, commodities may lag recovery

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“Confidence in the commodity market… would start to be restored when we start to see a rebound in equity markets again.” – Mark Pervan, Australia and New Zealand Bank Research Commodities, until six months ago the darling of investors and an outperforming asset class, sealed their worst year on record with accelerating losses in the
Opinion

Commodities lose diversification edge with crisis

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“There is nowhere to hide.” – BRIAN HICKS Using commodities to hedge potential losses in stock markets has not worked lately, and the tighter link among assets these days means diversification benefits may not be as great as before. Hedge funds, pension funds, mutual funds and wealthy individuals who invested in commodities on the theory
Country Crossroads

EU to scrutinize competition in food retail sector

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EU regulators warned Nov. 26 of a risk that consolidation in the food retail sector might act against the interests of consumers and producers, saying a close watch should be kept on uncompetitive behaviour. A draft paper authored by the European Commission called for case-by-case screening of a string of retail practices that could be
News

Pioneer Hi-Bred launches U. S. hedging service

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In a bid to extend its reach into the U. S. grain industry, DuPont said Nov. 13 it will launch an electronic instant hedging and cash grain commodity transaction service. The “e-Pit” program, a joint project by DuPont’s Pioneer Hi-Bred business unit and Farms Technology LLC, partly owned by Pioneer, is aimed at speeding a

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