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Cereals, Crops, News

Emerging Fast-Food Nation Indonesia Props Up Wheat Market

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Indonesia will be crowned top Asian wheat importer this year, as higher incomes turn Southeast Asia’s largest economy into a fast-food nation and help to keep global prices on the boil. As affluent Indonesians turn away from rice, their country is vying with Japan to be Asia’s leading wheat buyer, while the latter battles economic
News

U.S. Farmers Want Easier Access To Credit

The U.S. farm sector is booming with soaring land values, record-high crop prices and record farm income. For all that, farmers face stricter loan standards than a few years ago, small-farm activists say. They say lending practices, toughened nationwide after the 2008-09 recession, are now so strict they snare creditworthy growers. When they surveyed farm
News

AAFC Says Market Income Up, Program Payments Down

Higher grain and livestock prices pushed Canadian farm income higher than originally projected in 2010 and, by contrast, 2011 won’t look as rosy, says an Agriculture Canada forecast. But for the foreseeable future, prospects look bright for Canadian agriculture. “Net cash income and average net operating income in 2011 are forecast to drop by 13
Crops, Forages

Roundup Ready Alfalfa Nears Approval In U.S.

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The American government is imminently expected to approve the commercial release of Roundup Ready alfalfa in the U.S. – a move which deeply worries Manitoba forage seed producers. Growers fear it’s just a matter of time before genes from the GM variety enter Canada, cross-contaminate non-GM alfalfa and wreck forage seed sales to Europe, which
News

Good Records Equal Good Management, Says Expert

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In all his years as a farm extension adviser, a remarkable set of records on a 300-cow herd one rancher meticulously maintained in a ringed binder stands out as a highlight for Grant Palmer. “He said, ‘These are my calving records,’” said Palmer, in a presentation at the recent Manitoba Grazing School. “We started flipping
Cereals, News

Singledesk Directors Still Hold Balance Of Power At CWB

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Directors who support single-desk selling retain the balance of power at the Canadian Wheat Board. Four of the five directors elected Dec. 12 support single- desk marketing. Four of the five other farmer-elected directors elected two years ago in even-numbered districts also support the single desk. However, it’s widely believed the five government-appointed directors support
Crops

U.S. Reports Record Net Farm Income

The U.S. farm sector is enjoying a broad-based boom, thanks to surging prices and vociferous demand from China, Agriculture Secretary Tom Vilsack said Dec. 1. U.S. net cash farm income will rise 34 per cent to a record $92.5 billion this year, one of the the rosiest years for American agriculture in four decades. “The
News

U.S. Bill Boosts School Lunch Funding

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The U.S. House of Representatives has passed and sent to President Barack Obama a bill that boosts funding for the school lunch program by $4.5 billion through 2020 and bans “junk” food from school buildings. Backers said it would be the first real increase in reimbursement rates for schools in 30 years and a step
News

Investors Try New Tactic With African Agriculture

Africa has long been a target for wealthy philanthropists who donate money in a fight against the continent’s poverty, disease epidemics and food shortages. Now, taking a cue from the non-profit world, profit-hungry investors are eyeing Africa in a new way, putting a charitable spin on their pursuit of double-digit returns. Whether it’s making loans
News

Restraining Order Sought

The U.S. Agriculture Department is seeking a temporary restraining order that could halt operations at Eastern Livestock Co. LLC of New Albany, Indiana, a business under investigation over allegations that it failed to pay up to $130 million in bills, the USDA said Nov. 12. The investigation by the USDA’s Grain Inspection, Packers and Stockyards

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