flag of China

Brace for more commodity volatility due to China

China’s real estate bubble is deflating as the economy slows

When someone asks where commodity prices are headed, they’re really asking: what’s the outlook for China? Last year, China consumed more coal than the rest of the world combined and imported 70 per cent of the world’s seaborne iron ore. In 2012, China accounted for half of the global growth in oil demand. It’s a



Europe removes agriculture barriers to U.S. trade talks

Reuters / The European Union dropped its ban on some U.S. meat imports Feb. 4 in a gesture aimed at starting talks on a free trade pact that would encompass about half the world’s economic output. Brussels and Washington want to deepen a relationship that accounts for a third of global trade, and ending the

India on track to produce surplus wheat for the sixth year in a row

India, which is also the world’s biggest consumer of grain after China, produced a record 93.9 million tonnes in 2012

India looks likely to harvest a bumper crop of wheat in 2013, its sixth in a row to exceed demand, after late monsoon rains replenished soil moisture, strengthening prospects for exports from the world’s second-biggest producer for a second year. Annual monsoon rains picked up after a slow start in June, prompting Farm Minister Sharad


Feast and famine for Africa farm investment

African agriculture has a big investment problem: lots of private equity interest but few opportunities because most farms and companies are too small to absorb the cash or provide attractive returns. With only a third of its 630 million hectares of arable land under cultivation and large quantities of water flowing untapped, Africa is the

New FAO chief says food prices may ease in 2012

Jose Graziano da Silva, the Brazilian who replaced Senegal’s Jacques Diouf at the helm of the FAO at the start of 2012, said volatility in food markets was likely to continue and that, “Prices will not be going up as in the sense of the last two to three years but will also not drop


Prices Are Good. Don’t Worry, Be Happy

So corn is rockin north of $7, beans are toyin with $14, cattle look to be headed to who-knows-where, wheat prices for almost every variety are tall to really tall, and hogs, well, bacon is sellin for what steak used to. Wow, huh? And here are two more sweet words: land values. Second-quarter 2011 farmland

Centre For Food In Canada Releases First Report

The value of food to the Canadian economy reaches far beyond the value of primary production, processing and distribution, a new report by the Conference Board of Canada says. But as one of Canada’s most highly regulated sectors, the food industry’s opportunity for continued growth will depend on its ability to address two competing pressures:


Kenya Sees Poor Rains, Breadbasket To Be Spared

Rains dur ing Kenya’s longest rain season between March to May are expected to be less than normal this year, meteorologists said March 8, compounding an existing drought in some parts of east Afria’s biggest economy. The worst-hit areas would be in Kenya’s arid northeast, bordering Somalia and Ethiopia, where most of the 2.4 million

In Brief… – for Feb. 3, 2011

Food comic contest:Food Secure Canada has launched a comic book competition for students from Kindergarten to Grade 12 that illustrates one of the three good food themes: healthy, sustainable and fair. Winners receive prize packages and the top 10 entries from three age categories will be featured inCanada’s Good Food Hero Comic Book,which will be