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China’s demand for food stays strong

China’s decreased rate of growth might be a concern for some, but agriculture should be fine as long as China’s consumers retain purchasing power

It was bound to happen. China’s economy is slowing down or at least its rate of growth is. However, those in the agriculture sector shouldn’t be concerned about the impact here at home, according to Farm Credit Canada’s chief agricultural economist. “We monitor China all the time, but especially a week ago when they released

U.S. farmers buying lots of machinery

U.S. farmers are buying equipment as agricultural finances strengthen, the Federal Reserve Bank of Kansas City said in its quarterly report on national farm lending. “Loans for farm machinery and equipment held at high levels with a sharp jump in the volume of intermediate-term loans,” the bank said in its survey, which included national statistics

After the bust, the Irish look back to the land

After the Celtic Tiger died, Anthony Slattery quit his job as an accountant and bought some cows. With food and drinks exports rising by close to a billion euros a year and food firms among the best performers on Ireland’s bruised stock market, agriculture is one of the few sectors to survive a devastating property

U.S. Says Its Policy Not To Blame

U.S. Federal Reserve chairman Ben Bernanke said Feb. 3 it was “unfair” to blame U.S. monetary policy for pushing up inflationary pressures in emerging market economies. Some analysts have blamed the fed’s quantitative easing for flooding the global economy with money and helping to drive prices for food and other commodities higher. “It’s entirely unfair

FDIC Chair Warns Of Possible U. S. Farmland “Bubble”

U. S. farmland could be the next asset bubble at risk for bursting, a leading banking regulator said Oct. 18. Sheila Bair, chairman of the Federal Deposit Insurance Corp., said it was important to monitor U. S. farmland values for signs of instability like the price bubbles in the housing and stock markets that burst

Diversification may be bland, but it works

Canada West Foundation estimates that Manitoba’s real GDP edged up 0.1 per cent in 2009, and forecasts that it will grow 1.9 per cent in 2010. Excerpted from “Avoiding Recession Contagion: Manitoba Economic Profile and Forecast” published last month. The full report can be viewed at: Just as the careful approach followed by Canada’s

Climate Change Cuts World Food Outlook

Global warming will cut into world grain yields and result in less food being available in the developing world in 2050, a think-tank said on Sept. 29, calling for aggressive action to boost food output. “Climate change increases child malnutrition and reduces calorie consumption dramatically,” said a report from the International Food Policy Research Institute,

Recession Hurts Think-Tanks Too

The George Morris Centre had a rough financial year, mainly because its investment portfolio sank with the recession to a low of $2.2 million. But treasurer Bob Hunsberger reported that it’s on the mend, that revenues and expenses in the balanced budget for the current fiscal year were on target during the first quarter and

Rural U. S. Recession Deepening

A deepening U. S. recession is taking root in rural America, spilling across a sector that has largely lagged the suffering seen on Wall Street, according to an expert with the Federal Reserve Bank of Kansas City. A drop in commodities prices and slowdown in the farm sector in the third quarter of 2008 expanded

Time to re-regulate transportation?

After two decades of deregulation, it’s time to restore some government supervision of the transport sector to ensure it remains sustainable, says former transport minister David Collenette. “Regulation is back and it’s time it was,” he told the annual meeting of the Chartered Institute of Logistics and Transportation in North America. “We have learned that