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Report Reviews Security Options

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“The grain-marketing environment may be at a point in time where producer payment security is most warranted.” – EVALUATION OF PRODUCER PAYMENT SECURITY PROGRAMS REPORT Areport comparing programs to protect farmers against payment defaults when they deliver grain doesn’t reveal any clear winner, says Rob Brunel, vice-president of the Keystone Agricultural Producers (KAP). “This report
Cereals, Crops

Grain Freight Charges Should Drop Next Crop… In Theory

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Western farmers, on average, should pay 7.4 per cent less to move their grain to export in the 2009-10 crop year that starts Aug. 1 due mainly to lower railway fuel costs, the Canadian Transportation Agency (CTA) announced April 30. Assuming normal grain-shipping volumes, farmers collectively should, on average, pay $28.41 a tonne to ship
Cereals, Crops, News

Indians Call For Wheat Exports

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Wheat purchases by Indian state agencies have started strongly in the new season, further boosting government stocks and leading to industry calls to allow exports after a two-year ban. Farmers in the key wheat-surplus states of Punjab and Haryana were expected to begin selling in early April as recent showers have delayed the harvest, but
Cereals, Crops, News

Australia Grain Farmers See Improved Prospects

Rain, lower input costs, a weaker Australian dollar and reduced interest rates have made Australia’s grain farmers more confident about prospects for the next 12 months as they prepare to plant winter crops such as wheat. But for all farmers, confidence fell to a two-year low in the March quarter on worries about global markets
News

Saudis Invest In Indonesian Agriculture

Saudi investors launched agricultural projects in Indonesia worth $1.3 billion last year, a top business official said March 23, as the world’s top oil exporter seeks to secure food supplies from abroad. Mohamed Abdulkader al-Fadel, who chairs Saudi Arabia’s Commerce and Industry Chambers Council, made the remarks during a meeting with Indonesia’s ambassador, state news
Cereals, Crops, Opinion

Time For A Wheat Reserve

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And Joseph went out from the presence of Pharaoh, and went throughout all the land of Egypt. And in the seven plenteous years the earth brought forth by handfuls. And he gathered up all the food of the seven years, which were in the land of Egypt, and laid up the food in the cities:
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Cargill Plant Seized By Venezuelan Government

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“The measure only includes the rice plant.” – ELIAS JAUA, AGRICULTURE MINISTER Venezuela said March 5 it has no plans to take over any additional holdings of U. S. food giant Cargill after socialist President Hugo Chavez ordered the seizure of the rice plant, renewing his nationalization drive. Chavez’s clash with the food companies, demanding
Cereals, Crops, News

Australian Rail Network Needs Investment

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Australia risks losng wheat sales to competitors if it cannot upgrade port and rail infrastructure fast enough and remove bottlenecks that have hurt exports following the country’s best harvest in four years. Silos in the world’s fourth-largest wheat exporter are brimming with grain after the breaking of a once-in-a-lifetime drought, but inefficient ports and snail-pace
News

Oceans, Old Trees Help Predict Indonesia Drought

Agroup of scientists are developing more accurate drought and harvest forecasts for Indonesia using tree rings, historic rice production figures and sea surface temperature data. Indonesia is one of the world’s most populous nations and a major producer of rice, cocoa, coffee and tobacco. But the country is regularly at risk of drought caused by

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