risk management Archives - Page 2 of 7

U.S. CFTC awards nearly US$2.5 million to Cargill whistleblower

By GFM Network News, Reuters June 25, 2019

Chicago | Reuters — The U.S. Commodity Futures Trading Commission has awarded about US$2.5 million to a whistleblower in a 2017 case against global grain trader Cargill over alleged violations in how it handled trades, the agency said Tuesday. The award, while significant in size, was reduced “because of the whistleblower’s delay in reporting” the

Crops, Markets

Bunge moves from regional to global operating model

By GFM Network News, Karl Plume May 9, 2019

Chicago | Reuters — U.S. agricultural commodities trader Bunge on Wednesday overhauled its global operations and named a new chief financial officer in the latest shake-up for the 200-year-old company hard hit by a years-long grain market downturn. The moves come as Bunge reported a stronger-than-expected first-quarter profit due to higher soy crush margins in

Markets

Consider hedging against rate hikes, farmers advised

By GFM Network News, Terry Fries July 11, 2018

CNS Canada — The Bank of Canada has raised its benchmark interest rate to 1.5 per cent, marking the fourth time it has raised rates since last summer. The increase from 1.25 per cent is the base rate retail banks pay for short-term loans, but consumer rates for mortgages, lines of credit and other loans

Trade lawyer Peter Clark has studied the level of subsidies available to U.S. dairy farmers. (John Greig photo)

Dairy cattle, Livestock

Report pegs U.S. dairy support levels

By GFM Network News, John Greig February 13, 2018

U.S. dairy farmers continue to benefit from broad agriculture supports, a study shows. Dairy Farmers of Canada has had Grey, Clark, Shih and Associates regularly study the effect of U.S. government policy on dairy farms in that country. The latest version of the project was released at the Dairy Farmers of Canada policy conference held

Outside panel named for farm risk management review

By GFM Network News, Manitoba Co-operator Staff December 24, 2017

A panel of 11 “external” experts from across the country has been picked to offer guidance and feedback on a federal/provincial review of farm business risk management (BRM) programming. The panel’s appointment follows an agreement by federal, provincial and territorial agriculture ministers back in July to launch a review of BRM programs, assessing those programs’

Ontario Agriculture Minister Jeff Leal (Photo courtesy OMAFRA)

Crops

Ontario’s RMP stays unchanged for 2018

By GFM Network News, Manitoba Co-operator Staff September 29, 2017

Ontario’s agriculture ministry won’t be making any changes to its Risk Management Program (RMP) for the 2018 program year. Agriculture Minister Jeff Leal, in a recent letter to Grain Farmers of Ontario (GFO) chair Mark Brock, said he has decided not to proceed with interim changes to RMP for 2018, pending a review of federal/provincial

Federal Agriculture Minister Lawrence MacAulay and his Saskatchewan counterpart Lyle Stewart signed onto a general agreement for a five-year federal/provincial funding framework on July 21. (Saskatchewan.ca)

Ministers agree on new ag funding framework

By GFM Network News, Manitoba Co-operator Staff July 23, 2017

Canada’s federal, provincial and territorial ministers for agriculture have agreed on the bones of a new five-year policy funding framework, committing them to a review of its business risk management (BRM) programming. The ministers came out of three days of meetings Friday in St. John’s with the “key elements” of a five-year, $3 billion framework,

Livestock

Manitoba pulls less-loved ag tax credits in budget

By GFM Network News, Manitoba Co-operator Staff April 11, 2017

More funding for agriculture innovation in Manitoba’s latest provincial budget will be offset in part by an immediate end for several of the less popular tax credits available for farm use. Provincial Finance Minister Cameron Friesen on Tuesday laid out a 2017-18 budget with an overall $840 million deficit, based on a four per cent

News

Agriculture Canada launches emergency management consultation

Agriculture faces evolving and increasingly complex risks in a more volatile climate

By Alex Binkley March 1, 2016

Agriculture and Agri-Food Canada is looking for industry input into the question of how to respond to the special changes faced by agriculture in natural disasters or emergency disease outbreaks. In partnership with the provinces, a draft Strategic Emergency Management Framework for Agriculture in Canada has been prepared on ways the existing system could be

Editorial

Editorial: A whole-farm approach

By Laura Rance-Unger January 18, 2016

If you think the future of government support for agriculture lies in doing more of the same but only better, you’ll get little comfort from Manitoba’s Agriculture Risk Management Review Task Force report released last week. The 25 recommendations and the supporting appendix report should also make you a little uncomfortable if you think the

Daily Network News

CBOT Weekly: Trade awaits USDA S/D report

U.S. grains: soybeans firm ahead of USDA data

Prairie CWRS bids rise, other wheats mixed

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