Traders Protest Ukraine Grain Monopoly

Ukraine’s plans for greater state control of grain exports could push foreign grain trading houses out of the country, a German international trade association said Mar. 22. A draft law in Ukraine proposes that traders and exporters would have to buy grain from a Ukrainian state company instead of directly from the country’s farmers, which

Africa, Caribbean Urged To Brace For Food Price Shocks

The World Bank and International Monetary Fund are warning poor regions that have so far not been hit by rising food prices, like sub-Saharan Africa and the Caribbean, to get ready to face them. Food price volatility is here to stay, the World Bank cautioned, amid growing worries there could be another full-blown food crisis


African Agriculture Coming Of Age

Agrowing African food sector can yield private sector returns on the back of government support, said a report on Oct. 26, which also said that a global grain reserve may be needed to protect consumers from price spikes. Local initiatives aiming for an African equivalent of the Green Revolution, which swept developing countries in the

Poverty Reduces Wheat Consumption

Consumption of wheat in Pakistan fell 10 per cent last year, because people lost the purchasing power to buy even that most basic of food staples in the south Asian country, a top UN official said June 2. Wolfgang Herbinger, country director for the World Food Program in Pakistan, said declining wheat consumption was a

Agricultural Policy For Developing Countries: Back To Basics

While many in the U. S. see single-desk marketing boards controlled by farmers as problematic, one needs to consider the nature of the markets into which farmers sell their products. Agricultural policy in developing countries has been an ongoing concern since the end of the Second World War and the dismantling of colonial European empires.



The Oligarchs Of Ag

Former General Motors boss Rick Wagoner evidently did not understand the meaning of the biblical admonition of those who live by the sword often die by it. It’s easy to see why. Detroit has owned Washington, D. C. for, well, forever: no increase in car mileage standards since the Pinto; no new fuel technologies since

WTO Head Says Trade Restrictions Mounting

International commerce risks being strangled by a gradual buildup of restrictions that could undermine policies to revive the world economy, the head of the World Trade Organization (WTO) said March 26. WTO Director General Pascal Lamy said there were no signs of an imminent descent into intense tit-for-tat protectionism. “The danger today is of an


WTO Members Warn On Emerging Protectionism

“I think everybody expects things to get worse before they get better.” – RICHARD EGLIN, WTO TRADE POLICIES REVIEW DIVISION The risk of a global lurch into protectionism is getting worse, though trade measures taken to tackle the financial crisis have not seriously fuelled it so far, World Trade Organization (WTO) members agreed Feb. 9.

World Bank sees tougher times in developing nations

“What we’re now moving into is the phase where one has to look more broadly at the danger of developing country growth and there it depends on policies they take and the support we and others can give them.” With world attention trained on resolving a financial crisis in western economies, World Bank president Robert