Ethanol Mandate May Not Boost Corn

The Obama administration’s call March 10 for an increase in the amount of ethanol to be used in gasoline in the United States is a positive sign for corn growers but it probably will not boost seedings or corn prices this year. “It’s pretty good news for corn growers and will at least keep farmers

EU To End Beef War With U. S. And Canada?

“The EU and U. S. are engaged in negotiations to find a way forward on this issue, and I am confident we will find a solution very soon.” – CATHERINE ASHTON The United States will hold off on new retaliatory duties for European products while the two countries work on a possible fix to a


U. S. NFU Opposes Subsidy Cuts

The Obama administration should drop its proposal to end the direct payment subsidy to large U. S. farmers, the National Farmers Union said March 9, pointing to a slump in dairy and crop prices. The White House proposal has few supporters among farming groups and farm-state legislators. It calls for a three-year phase-out of direct

Market Access Key To Stabilizing Canadian Beef Industry

Expanding export opportunities and reducing unnecessary regulations are the best ways to restore profitability to the Canadian beef industry, cattle producers have told the Commons agriculture committee. About 65 per cent of the beef produced in Canada is consumed by Canadians, but that is a fairly stable market facing increased competition from imports, John Gillespie,


EU Farm Export Refunds Seen Unlikely After 2013

The European Union will use export refunds (subsidies) as an emergency measure to support agricultural prices until 2013 but must then find new mechanisms, a leading official with the European Commission said March 11. If world prices are lower than internal support levels, the EU refunds the difference to exporters. “I personally don’t see that

Canada Sees No Damage Yet From U. S. Labelling Rule

Canada’s agriculture minister said Feb. 25 he sees no reason at this time to revive a trade challenge against the United States based on an early assessment of its application of new meat-labelling rules. “Right now, they’ve gone with what we’re asking for,” Gerry Ritz told reporters when asked if he was concerned about the


U. S. Trade Agenda More Diplomatic

Developing coun-tries have high hopes that President Barack Obama’s readiness to work with other nations could clear the way for a deal in the World Trade Organization’s (WTO) long-running Doha trade talks. But the reality of tackling the global crisis, as the United States seeks new export markets and poor countries push for a deal

Mood In Grains Cautiously Upbeat

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada in Winnipeg closed the week ended Feb. 27 mainly lower on sluggish demand. Canola saw moderate declines despite the fact that the U. S. soy complex was higher and the Canadian


Subsidy Debate Weighs Farmers Versus Children

U. S. lawmakers will need to choose between supporting rich farmers or feeding more hungry children amid a slumping economy and surging deficit, U. S. Agriculture Secretary Tom Vilsack said March 2. Vilsack said he already has heard some questions and concerns about the Obama administration’s plan to redirect subsidy payments for large farmers into

CCA Demands WTO Challenge To COOL Restarted

“This creates a whole new uncertainty.” – TRAVIS TOEWS, CCA Canada’s agriculture minister said Feb. 25 he sees no reason at this time to revive a trade challenge against the United States based on an early assessment of its application of new meat-labelling rules. “Right now, they’ve gone with what we’re asking for,” Gerry Ritz