China Favours GMOs, But None Grown Yet

China will accelerate development of its own genetically modified (GMO) crops, seeking to secure food security and international competitiveness, an official from the country’s Ministry of Agriculture said. The official from the ministry’s biosafety administration office also denied recent media reports that China had already approved imported GMO grain seeds for widespread planting. His remarks

Grain Prices Going Sideways

Grain prices have slumped since January and will continue to trade sideways. But spring rallies could provide profitable selling opportunities, says Mike Jubinville, president of ProFarmer Canada. Although the immediate outlook is discouraging for farmers, longer term Jubinville expects commodity prices, including grain, to rise due to inflation. “(T)his is not going to be a


El Niño Dissipating, But Timing Uncertain

The deadly El Nińo weather anomaly is slowly dissipating but the timing of its demise is very much up in the air, the U. S. government’s Climate Prediction Center said Feb. 4. The abnormally warm waters in the equatorial Pacific Ocean, which is a hallmark of El Nińo, should gradually cool during April to June,

Talks Begin To Resolve U. S.-Brazil Dispute

U. S. and Brazilian officials have begun talks to try to settle a trade dispute at the World Trade Organization over U. S. cotton subsidies, the U. S. ambassador to Brazil said Feb. 3. The South American agriculture giant was expected to present a definitive list of U. S. targets for retaliation in coming days.


Wheat Likely To See Some Strength Long Term

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oi l s e e d prices at ICE Futures Canada in Winnipeg closed the week ended Jan. 22 mixed, with canola higher and Western barley lower. Canola was supported by steady demand, as exports continue to

Taiwan Seeks Talks With U. S. After Banning Beef

The U. S. National Cattlemen’s Beef Association said it was “outrageous” for Taiwan to suggest U. S. beef posed risks. Taiwan, eager to mend trade ties with the U. S. a day after overturning part of a deal to import U. S. beef products, said Jan. 6 it would seek to reopen talks with its



U. S. Sees Ethanol Output Eventually Meeting Target

U. S. ethanol production could eventually top 14.5 billion gallons a year, up 16 per cent from output capacity at the beginning of 2009 and enough to blend 10 per cent of the fuel into every gallon of the nation’s gasoline, the U. S. government said Nov. 18. U. S. ethanol output capacity stood at


Washington Is Supporting Your Canola

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Gr a i n and oilseed prices at ICE Futures Canada in Winnipeg closed the week ended Nov. 20 higher, with canola seeing moderate gains. Strength in the U. S. soy complex, friendly technical signals, a weaker Canadian dollar

Fertilizer Pricing The Last Straw For Farmers

“Well, if they (farmers) won’t pay our prices, we’ll grow the grain in China or India.” In the late winter of 1975, our family was having lunch in a Brandon, Manitoba restaurant. At the table next to ours, three fertilizer executives (two local and one from the U. S.) were discussing product pricing and bemoaning