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HEADLINES
New US president unlikely to liberalize trade
A US economics columnist advises anyone against hoping for a climate of liberalized trade, just because Barack Obama is about to move into the Oval Office. But sudden protectionism isn not likely to be an issue, either.
It's time to get off our laurels - and innovate, innovate, innovate
With news reports of economic crisis and government bailouts, this opinion piece from the Globe and Mail paints a different picture, one which preaches the virtues of innovation and loosening of restrictive government policy aimed at sparking competitiveness and developing high-value products and services. As with many items from the urban press, it mirrors many of the same arguments the ag-biotech sector has been making for years.
Tax deferral to benefit producers in the West
Tax deferrals for 2008 have been granted to producers in various regions across Saskatchewan, Alberta and British Columbia, particularly those who had to sell off cattle to avoid financial losses because of drought-like conditions.
EU Ministers back GM-free zones
Mixed signals have come from a recent meeting of European Union ministers, on assessing the long-term environmental risks of genetically modified crops, and whether member states should be allowed to establish GM-free zones.
Potash production in hibernation
In addition to news about falling grain prices comes an equally chilling announcement from the Potash Corporation of Saskatchewan, and the 940 temporary layoff notices issued to workers at three mines.
Grain prices falling
After a relatively long period of higher grain prices, the bubble appears to be bursting, on news that more grain is coming on to world markets, according to a variety of reports, including those from Statistics Canada and the Canadian Wheat Board.
First annual soybean yield challenge winners announced
The Ontario Soybean Growers held its innaugural Soybean Yield Challenge in 2008, and the nine winners from three different maturity zones of the province were announced on Thursday.
Returns low despite record grain prices
Figures for 2008 indicate grain prices were still near an all time high, yet according to Canadian Wheat Board officials, prices are on their way down, meaning crops grown in 2008 will not fetch the same revenue when sold in 2009.
Government of Canada applauds Alberta's traceability initiative
In a move that is being heralded as an important step in maintaining confidence in Canadian food production, the federal agriculture minister praises the province of Alberta's recent development of livestock traceability programs.
Made-in Canada ethanol to reach a billion litres with new plant
Congratulations are in order, as the Canadian Renewable Fuels Association acknowledges Integrated Grain Processors Cooperative (IGPC) of Aylmer, Ontario, on the opening of its new 150 million litre ethanol plant, which will push Canadian production past the billion litre mark.
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