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Cereals, News

Grain Rally Less Speculative Than In 2008: Ritz

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The recent rally in grain and oilseed prices is based more on concerns about crop levels than on speculation by investors, Canada’s agriculture minister said Jan. 17. Prices of crops such as wheat, corn, soybeans and canola are at their highest levels in more than 2-1/2 years amid flooding in Australia and dryness in Argentina.
News

Biofuel Jatropha Doesn’t Measure Up

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Jatropha, a biofuel-producing plant once touted as a wonder crop, is turning out to be much less dependable than first thought, both environmentalists and industry players say. Some biofuel producers found themselves agreeing with many of the criticisms detailed in a report launched by campaign group Friends of the Earth this week “Jatropha: money doesn’t
News

Most EU States Back Trace GM In Food Imports

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Amajority of European Union countries want to allow tiny traces of genetically modified (GM) material in food imports for human consumption, according to an internal EU briefing paper seen by Reuters Jan. 21. In October, the European Commission proposed new rules that would allow up to 0.1 per cent of unapproved GM material in imports
Crops, Forages

Roundup Ready Alfalfa Nears Approval In U.S.

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The American government is imminently expected to approve the commercial release of Roundup Ready alfalfa in the U.S. – a move which deeply worries Manitoba forage seed producers. Growers fear it’s just a matter of time before genes from the GM variety enter Canada, cross-contaminate non-GM alfalfa and wreck forage seed sales to Europe, which
Livestock

Germany Announces Anti-Dioxin Action Plan

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Germany announced a plan to enforce higher standards in animal feed production Jan. 14 after the discovery of toxic chemical dioxin in feed, which has triggered a health alert and hit sales of German eggs and pork. German and European Union authorities are struggling to contain the alert which began on Jan. 3, when German
News

One Million Petition EU To Halt GM Crop Approvals

Campaigners presented a petition of more than a million signatures to the EU executive on Dec. 9, demanding a halt to approvals of new genetically modified (GM) crops. The petition is seen as a test case for the “European citizen’s initiative,” introduced under the EU’s new constitutional treaty, which enables a million or more people
Beef cattle, News

Beef Producers Eye European Trade

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An agreement recently announced between the Canadian government and the European Union (EU) that will allow duty-free access of up to 20,000 tonnes of Canadian beef into the European market is encouraging news to Canadian beef exporters, but they said actual volumes will fall well short of that quota. Christoph Weder of Prairie Heritage Beef
News

EU Draft Rules Increase Watchdog Power

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European regulators will gain unprecedented powers to control commodity markets through trade caps and heightened intervention if a draft EU document becomes binding, specialist lawyers said Dec. 3. Commodities are being integrated into sweeping reforms to the European Union’s markets in financial instruments directive (MiFID), which was released last month. A draft version seen by
News, Oilseeds

Prairie Farmers Seen Planting More Flax In 2011

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Canadian farmers will look to plant more flax this spring, but tight supplies in the meantime will slice exports to a five-or six-year low in the 2010- 11 crop year, crop analysts said Jan. 10. Production fell to an 18-year low of 423,000 tonnes in 2010. With current new-crop cash bids by grain handlers higher
Opinion

Grain Growers’ Christmas Wish List

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The Grain Growers of Canada will be hanging out its stocking this year. We’ve made up our wish list, we’ve checked it twice, and we know who’s been naughty and nice. In the nice column over the last year, we’d like to recognize Agriculture Minister Gerry Ritz for prioritizing market access for our farmers and

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