Private Farming Lifts Output In Cuba Rice Province

Cuba’s most important rice-producing province should more than double output this year as new private farms and service cooperatives, improved organization and higher local prices kick in, a senior provincial official told Reuters March 1. President Raul Castro’s cash-strapped government has embarked on a program to cut food imports, and rice, which is a Cuban

China Has A Stockpile

China is holding 100 million tonnes of wheat stocks, around the same amount as its annual output, a top economic planning official said March 6, reiterating Beijing’s resolve to keep grain prices in check. In a rare statement of the country’s grain stocks, Zhang Ping, head of the National Development &Reform Commission (NDRC), the country’s


Canadian Wheat Board CEO Sees Shift In Food Pricing

Farmers in Canada, the world’s third-largest wheat exporter, are set to sow many of the millions of acres left fallow last year, even as volatile crop prices underscore a new economic reality for grain markets. After a week in which disconnected political upheaval in Libya triggered the biggest price collapse in months, the chief executive

Climate Change Brings Stronger Storms

Witnesses to Cyclone Yasi’s destructive tear across northeastern Australia described it as a monster for its size and ferocity. It was also an omen. Climate scientists say global warming is heating up the world’s oceans and atmosphere, providing more fuel for tropical cyclones and creating ever-greater risks for crops, miners and billion-dollar beachfronts. The risks


Food Prices Hit “Dangerous Levels”

World Bank chief Robert Zoellick says global food prices have reached “dangerous levels,” and warns that their impact could complicate fragile political and social conditions in the Middle East and Central Asia. World Bank data released on Feb. 15 showed higher food prices – mainly for wheat, maize, sugars and edible oils – have pushed

In Brief… – for Feb. 17, 2011

Biodiesel mandate:Canadian canola growers are pleased by a federal announcement Feb. 10 to mandate biodiesel in diesel fuel starting July 1. “A two per cent renewable fuel mandate for diesel fuel has the potential to create new domestic demand for about one million tonnes of canola,” says Ed Schafer, president of the Canadian Canola Growers


China’s Wheat Crop Hurt By Drought

Wheat output in China, the world’s largest producer and consumer of the grain, may be at risk after severe winter drought in its main northern producing regions, the United Nation’s Food and Agriculture Organization said. “Substantially below-normal rainfall since October 2010 in the North China Plain, the country’s main winter wheat-producing area, puts at risk

Food Costs At Records, UN Warns Of Volatile Era

Record-high global food prices showed no sign of relenting following a rash of catastrophic weather, highlighted by a major U.S. snowstorm and a cyclone in Australia, which could put yet more pressure on prices and spark further unrest around the world. The closely watched UN Food and Agriculture Organization Food Price Index touched its highest


Saudi Arabia To Import More Wheat

Saudi Arabia plans to import around two million tonnes of wheat in 2011 like last year and will boost imports to three million tonnes after 2016 as it ends local production, a source at the grains authority said Feb. 2. The top OPEC oil exporter has emerged as a major wheat buyer to feed its

Russia Could Return To The Wheat Market

Russia can regain its place among the world’s top-three wheat exporters in the coming years as long as it can avoid catastrophes such as last year’s massive drought, which resulted in it banning grain sales abroad. Russia had plowed capital into its grains infrastructure as part of a longer-term strategy to push into international wheat