GFM Network News

Drought has the ability to seriously impact both crop and livestock production. According to Environment Canada, this spring on the western Prairies has been the driest since record-keeping began 68 years ago.

Editorial: Agri-resilience is farmers’ best defence for managing risk

No one understands risk preparedness and management better than an insurance company. The iconic insurance giant Lloyd’s laid out a stark scenario recently in a report about the potential for weather-related disasters to undermine the entire global food system. The 327-year-old insurance firm says it wouldn’t take much — just three catastrophic weather events hitting

Editorial: The information age and agriculture’s footprint

University agronomist says estimates of how much food needed to feed world's population by 2050 are too low

The latest global supply-and-demand outlooks make it a little difficult to get too excited over worries the world will run out of food any time soon. World grain prices are weakening under what are characterized as burdensome supplies of staple commodity crops. Most of the pundits are now predicting we’re in for a prolonged period

A worker carries a ladder past sacks filled with wheat at a Food Corporation of India (FCI) warehouse in Morinda in the northern Indian state of Punjab February 20, 2013. On Oct. 1, wheat stocks at government warehouses amounted to 32.3 million tonnes, nearly three times the official target.

India boosts wheat subsidies to farmers

Wheat stocks already in government warehouses are nearly three times the official target

The Indian government has raised the price it will pay to buy new-season wheat from local farmers by 3.57 per cent to 1,450 rupees ($23.60) per 100 kg, encouraging the crop even though supply has exceeded demand for eight years. India, the world’s second-biggest wheat consumer, sets a price each year to protect domestic farmers

Value of Canadian farmland rises 22 per cent

The increase driven by low interest rates and strong crop prices is the biggest in three decades

Canadian farmland values jumped 22.1 per cent in 2013, the biggest annual rise in nearly 30 years, the Farm Credit Corporation says. Saskatchewan and Manitoba led the way with increases of 28.6 and 25.6 per cent, FCC said. “Most of the increase was driven by the strong commodity prices we saw in the first six

Population growth not the cause of world hunger: economist

For some the equation is simple — more people on the planet means more people go hungry. Not for Haroon Akram-Lodhi. The economist and Trent University professor who specializes in the political economy of agrarian change in developing capitalist countries, says equating a growing population with global hunger is not only incorrect, but creates a

China could return to corn imports

They may have slowed their purchasing pace lately as agronomists and trade officials awaited greater clarity on domestic and U.S. production potential, but Chinese corn importers may soon be forced to resume buying activity after the spread between key interior prices and U.S. export corn has widened sharply recently. Questions over domestic production potential coupled

Grain Market Report

The path of least resistance for canola futures on the ICE Futures Canada trading platform remained to the downside during the week ended June 14. Declines were influenced by the perception that canola seeding was now complete and that the crop was off to a generally good start, development-wise. Downward price action was augmented by

Policy shift needed to tap Africa’s farm potential

Reuters / Africa’s agricultural sector could become a $1-trillion industry by 2030 if governments and the private sector radically rethink policies and support for farmers, a World Bank report said March 4. Africa’s food market, currently valued at $313 billion a year, could triple if farmers modernized their practices and had better access to credit,

German flour mills fined for anti-competitive behaviour

Hamburg / Reuters /German cartel agency BKA has imposed 41 million euros ($54.7 million) in fines on 22 flour mills and the German flour mills association for anti-competitive behaviour. BKA said it levied the fines for agreements in the marketing of flour. The investigation started in 2008 with searches of flour mills, and previous fines