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U.S. agribusiness frets over sequestration

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U.S. farmers and agribusiness companies are worried that across-the-board federal budget cuts will snarl the supply channels for everything from milk and broiler chickens to grain shipments, but many are hopeful that the Obama administration and Republican opponents will find a compromise before major disruptions hit the food system. Most immediate concerns center on federal […] Read more
General, Weather

Panel identifies gaps in ag water management

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An expert panel convened by the Council of Canadian Academies is urging more research into the potential impact of climate change on water available for agriculture. In a newly released report commissioned by Agriculture and Agri-Food Canada, the panel concludes that water and land resources in Canada can be more sustainably managed by developing forward-thinking […] Read more
General, Markets, Weather

Canadian farms’ 2012 net income to hit record

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Gauging farmers’ receipts against rising expenses, the federal ag department’s latest forecasts of farm net incomes point to "record" levels in 2012 and "continued strong" levels in 2013. Agriculture Minister Gerry Ritz on Wednesday released his ministry’s farm income forecast and medium-term outlook for the ag sector, noting a 2012 forecast which "reflects that farm […] Read more
General

Canada’s WTO envoy to oversee dispute settlements

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The World Trade Organization has named its representative from Canada as the chair for its Dispute Settlement Body. Jonathan Fried, Canada’s envoy to the WTO since last August, will chair the DSB for a one-year term, the global trade body’s general council announced Monday. As DSB chair, Fried replaces Pakistan’s WTO ambassador Shahid Bashir, who […] Read more
Eugene Whelan, shown here at the Canadian Federation of Agriculture’s AGM in 2006, died Tuesday at age 88. (Manitoba Co-operator photo by Allan Dawson)
General

Trudeau’s iconic ag minister Eugene Whelan, 88

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Funeral services are to be held Saturday for the man beneath the green Stetson hat who took the helm of Canadian agricultural policy throughout the Trudeau administration. Eugene Whelan, Canada’s agriculture minister from 1972 to 1979 and 1980 to 1984, died late Tuesday at age 88. According to the Windsor Star on Wednesday, Whelan’s death, […] Read more
General, Markets

BNP Paribas suspends ag fund after criticism

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BNP Paribas, France’s No. 1 listed bank, has suspended a 160 million euro (US$214 million) agricultural commodities fund after international aid group Oxfam criticized French banks for speculating on food prices. "We are suspending subscriptions," a spokeswoman for BNP said of its Parvest World Agriculture fund, explaining the move as part of the bank’s policy […] Read more
General, Markets, Weather

USDA sees one more boom year for U.S. farmers

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The seven-year-old U.S. agricultural boom, driven by record-high commodity prices and painfully tight supplies, is expected to peak this year and then come to an abrupt end as high costs start to bite, the government projected on Monday. The U.S. Agriculture Department said farm income would soar to a record $127.6 billion this year, up […] Read more
General, Markets

PFGBest boss gets 50 years’ jail for fraud

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A U.S. judge on Thursday sentenced the founder of Peregrine Financial Group (PFGBest) to 50 years in prison for looting hundreds of millions of dollars from the brokerage, saying his customers would probably never recover the money they lost. Russell Wasendorf Sr., who had tried to kill himself just before the fraud was uncovered last […] Read more
General

GF2’s new AgriMarketing program taking applications

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Canada’s federal and provincial ag departments, ahead of the April 1 launch of their new ag policy funding framework, have opened their new AgriMarketing program to applications from the industry. Federal Agriculture Minister Gerry Ritz, speaking Thursday in Edmonton, fleshed out details for both the AgriMarketing and AgriCompetitiveness arms of the new federal/provincial ag framework, […] Read more

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AgCanada TV: In case you missed it; your national ag news recap for April 17, 2026

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