Policy shift needed to tap Africa’s farm potential

Reuters / Africa’s agricultural sector could become a $1-trillion industry by 2030 if governments and the private sector radically rethink policies and support for farmers, a World Bank report said March 4. Africa’s food market, currently valued at $313 billion a year, could triple if farmers modernized their practices and had better access to credit,



Farmers warned of the perils of not having workers’ compensation coverage

Every non-family employee working on a farm must have WCB coverage — even those working 
for a custom operator or some other employer

The prospect of an employee suffering a serious injury or being killed on your farm is awful enough. But farm employers without Workers Compensation Board coverage would also face the prospect of a lawsuit in such a situation. That was the sobering message delivered to a recent farm safety meeting put on by Keystone Agricultural

Supply management views aired

It wasn’t quite a debate, but attendees at the Alberta Beef Industry conference in Banff last month got two different views on supply management. On one side was New Zealand’s special agricultural trade envoy Alistair Polson, who said Canada’s protected marketing system for dairy and poultry is a deal breaker for entry into the Trans-Pacific



Farm prosperity will depend on income

Farm Credit Canada’s top economist says if you’re a Canadian farmer, you should really be hoping for the best in the Chinese economy. That’s because while population growth catches all the headlines and is credited for growing food demand, it’s looking increasingly like we’ll be able to feed nine billion by 2050. The question is

French bank suspends agricultural fund

Reuters / BNP Paribas, France’s No. 1 listed bank, has suspended a 160-million-euro ($214-million) agricultural commodities fund after international aid group Oxfam criticized French banks for speculating on food prices. “We are suspending subscriptions,” a spokeswoman for BNP said of its Parvest World Agriculture fund, explaining the move as part of the bank’s policy on


FCC accused of overstepping its mandate

A new report by a leading public policy think-tank accuses Farm Credit Canada and other federal financial Crown corporations of “mission creep” by offering services far beyond their original mandates. The report by the C.D. Howe Institute recommends their authority “should be clearly circumscribed and even rolled back” so private lenders can do more to

CME surveys members on trade hours

The Chicago Board of Trade has launched a survey asking customers whether it should shorten the nearly non-stop electronic trading cycle for grains and hinted that executives had grown less concerned about competition from rival IntercontinentalExchange. The Board of Trade, which dominates agricultural trading with U.S. grain and oilseed futures and options contracts, in May