Dry Australia cuts wheat forecast

sydney / reuters / Australia has cut its forecast for wheat production in the 2012-13 crop-marketing year by about seven per cent from its previous forecast to 22.5 million tonnes. And it’s warning yields may fall further if rains don’t arrive soon in some areas. Australia had a record 29.5-million-tonne wheat harvest last year, but



USDA says drought losses not as bad as first feared

washington / reuters / The searing U.S. drought has done less damage than feared to the nation’s corn crop, and worldwide supplies of wheat, corn and soybeans are fairly stable despite harsh weather in North America and Europe, according to the USDA. The U.S. corn crop would be the smallest in six years and the

Land battles inflame Kenya

nairobi / reuters / A government minister has pleaded innocent to charges of inciting violence in which over 100 people have been shot, hacked and burnt to death in strife over land and water in Kenya’s coastal region. The scale and sudden intensity of the unrest over the past month has led many Kenyans to





U.S. plans to cut GMO crop oversight

Efforts to write benefits for biotech seed companies into U.S. legislation, including the 2013 Farm Bill, are sparking a backlash from groups that say the multiple measures would severely limit U.S. oversight of genetically modified crops. From online petitions to face-to-face lobbying on Capitol Hill, an array of consumer and environmental organizations and individuals are

Production destruction leads to demand destruction

Analyst/corn farmer Jerry Gulke recently talked about the impact of the drought that has now spread over more than half the country on this year’s corn crop. He characterized the situation faced by farmers as production destruction. No one can disagree with that description. A July 29, 2012 article written by Chris Lusvardi of the


The value of natural capital

It’s hard to imagine that just one year ago, many areas of the province still had too much moisture. True, some farmers, such as those along the Assiniboine River downstream of the Shellmouth Dam are still suffering from too much water. But the story for the rest of the province this year is all about