ADM swoops on Australia’s GrainCorp in Asian push

sydney / reuters / Archer Daniels Midland has bought a 10 per cent stake in GrainCorp and is seeking talks on a takeover that would give the U.S. agribusiness a stronger platform to supply Asia. The purchase comes at a time of global consolidation in the agricultural sector amid intense competition to feed fast-developing countries


Climate threat to world’s poor is underestimated

london / reuters Climate change will greatly increase the suffering of the world’s poor, says Oxfam. More frequent extreme weather events will create shortages, destabilize markets, and cause price spikes on top of projected structural price rises of about 100 per cent for staples such as maize over the next 20 years, the charity said

Vietnam Aims To Boost Rice Crop For Food Security

Vietnam vowed to maintain current rice crop areas and boost yields to ensure supplies remain adequate in the face of demand pressures from a fast-growing population as well as the effects of climate change. The government’s pledge of security of food supplies touched a key agenda topic at two conferences that opened in Hanoi recently,



Food Prices To Remain High

“If we get a climate shock in one of the major producing countries, then we are back to Square 1.” – JACQUES DIOUF Food prices are likely to rise again on resumed demand for agricultural commodities for food and energy and higher input costs due to rising oil prices, the United Nations’ food agency said


Free trip:

Bryan De Baetz of St. Alphonse was the lucky winner of the Manitoba Co-operator reader appreciation draw held at Manitoba Ag Days in Brandon last week. Readers were invited to bring their Co-operator labels to a coffee and doughnut reception at the CanadInns Roadhouse next to the Brandon Keystone Centre Jan. 22. The winning entry

Farm gate prices drop, but not food prices

U. S. food prices are still headed for their largest increase in two decades this year despite the recent slide in oil and grain markets, the U. S. Agriculture Department said Oct. 18. In its monthly report, USDA did not change its forecast for food prices, which are expected to surge by 5.5 per cent