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Tag Archives food prices

Cereals, Crops, Oilseeds

Big U. S. Soy, Corn Crops May Deflate Price Boom

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U. S. farmers this year will reap their largest soybean crop ever and their second-largest corn crop, mammoth harvests that will deflate an ethanol-fuelled price boom, the government said Aug. 12. In its first estimate of the fall harvest, the Agriculture Department estimated the soybean crop would be a record 3.199 billion bushels, up eight
Opinion

Policy Shifts Can Be Penny-Wise But Dollar Foolish

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The 1996 Farm Bill’s elimination of the grain storage program, coupled with the elimination of an acreage management program, increased the cost to taxpayers for farm programs by an average of $5.7 billion a year. During the debate over the 1996 Farm Bill, the proponents for eliminating a government stock program argued that the traditional
News

Bioeconomy Remains Important To Farmers’ Future

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Biofuels and the fledgling bioproducts industry continue to provide an important economic opportunity for farmers despite troubles the industry has experienced in the past year, says Gordon Quaiattini, president of the Canadian Renewable Fuels Association. A recent report from the International Energy Agency should clear up charges biofuels are a greater source of greenhouse gases
Livestock

International Trade Helps Solve Food Crisis

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International trade is part of the solution to the global food crisis and not one of its causes, the head of the World Trade Organization says. Global integration represented by trade enabled food to be transported from where it could be produced efficiently to where there was demand, said WTO Director General Pascal Lamy. Geography
News

KAP, WRAP, APAS Reach Farm Policy Consensus

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“The federal and provincial governments all need to be working together towards the same ends.” – GREG MARSHALL The three Prairie general farm organizations have accomplished something rare among farm groups – common ground on farm policies. Manitoba’s Keystone Agricultural Producers (KAP) hosted the Agricultural Producers Association of Saskatchewan (APAS) and Alberta’s Wild Rose Agricultural
News

World Bank Lending Arm Extends Into Africa

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The International Finance Corporation, the World Bank’s private sector lending arm, will nearly double its investment in agribusiness in Africa to $200 million during the 2009 fiscal year, a senior official said. IFC director for global agribusiness, Oscar Chemerinsky, said the lender would continue to ramp up its agribusiness investments as part of efforts to
Cereals, Crops, News

Argentine Farmers Turn Away From Wheat

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Parched soils, lack of credit and anger over government policy could lead Argentine farmers to plant less wheat this year when sowing begins next month in the key global exporter. Argentina’s last wheat harvest was the smallest since 1982 due to a harsh drought, compounding farmers’ reluctance to plant wheat after two years of government
News

Groups Discuss World Grain Reserve

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Setting up a world grain reserve is a realistic option that would reduce the risk of food shortages and shield farmers from big price shocks, a senior official with the U. S. National Farmers Union said March 19. The proposal to create global cereal stocks topped the agenda of a meeting of farmers’ unions from
Cereals, Crops

Scientists Join In Battle To Head Off Ug99

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Amutant form of stem rust that wipes out wheat crops could spread to top producers in Asia unless new resistant varieties of wheat are distributed widely, experts say. Stem rust “annihilates, that’s not an exaggeration,” said Rick Ward, a rust expert from Cornell University. “Basically the entire world’s wheat crop is fertile breeding ground,” Ward

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