Monsanto Sees “Right Time” For GMO Wheat Varieties

Monsanto Co. could start field testing genetically modified wheat within one to two years, but remains cautious about future commercialization, according to one of the company’s top wheat technology executives. Six years after shelving a biotech wheat product in the face of stiff market resistance, Monsanto still sees a need for circumspection, but believes building

Agricultural Commodities Top Pick?

Food security is a growing issue that makes agricultural commodities a top pick for 2011 while the threat of currency wars could propel gold to new records next year, Bache Commodities said. “Ags – the wheats, the corns, soyas, they’re the ones you need to own,” Marc Bailey, managing director of Bache Commodities, told Reuters


INRA Halts Research On Developing New GMO Varieties

Europe’s top farm researcher has abandoned work on developing new genetically modified crops (GMOs) due to widespread distrust and even hostility by European consumers. “We have no research on GMO innovation anymore, none,” Marion Guillou, president of the National Institute for Agronomical Research (INRA), told Reuters in an interview. INRA, which has more than 1,800

Food Prices Near 2008 Levels

World food prices have come close to the 2007-08 crisis levels after a spike in October, but global supplies are stronger now and cereal prices remain well below critical levels, the UN’s food agency economist said Nov. 2. The Food and Agriculture Organization’s (FAO) Food Price Index hit the highest level in 27 months in


Canada Wheat Board Raises Grain Export Target

Warm, dry late-harvest weather partially salvaged Western Canada’s small, low-quality crops of wheat and barley, raising harvest and export prospects, a top Canadian Wheat Board official said Oct. 29. The board expects to export up to 15.8 million tonnes of wheat and barley in the current 2010-11 crop year, up about five per cent from

Rwandan Farmers Produce Pigs With A Beat

Edmund Ndizeye, self-styled pig DJ, stoops to adjust the amp at a farm in the wrinkled hills of northern Rwanda. The wires leading from his room feed a varied diet of hip hop, reggae, R and B, love songs and local music to his pink, curly tailed audience who, according to Ndizeye’s boss, are thriving


FAO Starts Wheat Seed Distribution In Pakistan

The United Nations’ Food and Agriculture Organizat ion has started distributing more than 20,000 tonnes of wheat seeds in Pakistan where floods have threatened a key wheat-planting season, an FAO official said. The food security of tens of millions of Pakistanis is at stake with the current planting season after floods earlier this year destroyed

Palm Oil Firm Wants Industry To Postpone Proposed Planting Norms

Malaysia’s Genting Plantations wants an industry body tasked with setting environment standards to postpone a proposed new planting policy that it says may disrupt long-term operational plans. The Roundtable on Sustainable Palm Oil – a group of planters, consumers and nongovernmental organizations – has included a new policy that requires planters to get community feedback


In Brief… – for Nov. 4, 2010

Russian drought:Extreme drought that ravaged Russia’s grain crop this summer could also impact production during the winter season, the Financial Timesreported Oct. 28, quoting the country’s agriculture minister. Russian farmers were expected to plant about 15.5 million ha of winter grain crop this year, down from earlier forecast of 18 million hectares, Elena Skyrnnik was

Expensive CAP Unlikely To Be Capped

With a wave of post-crisis austerity sweeping Europe, deep cuts to public spending are the order of the day, and for some, the EU’s much-criticized common agricultural policy (CAP) is a prime target for cost savings. But given the current debate on the future of the European Union’s farm policy, those wanting a radical reform