Briefs – for Sep. 13, 2010

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Published: September 13, 2010

FCC backs farm safety work

Charitable or not-for-profit organizations providing ag safety training may qualify for funding from the new $100,000 Farm Credit Canada (FCC) Ag Safety Fund. Applications will be accepted from Sept. 13 until Oct. 27. The fund is meant to help groups deliver farm safety training or to help train those who’ll train others. Projects with a local or provincial scope can get up to $10,000, while those with a national scope can get up to $25,000.

Saudi Arabia caps barley profits

Saudi Arabia, the world’s largest buyer of barley, has capped profit margins for importers and threatened to sanction violators and hoarders after a sharp rise in red meat prices. The government said that due to unspecified “exceptional conditions,” it has capped importers’ profit margins at five per cent. Importers who violate the regulations will be ineligible for state subsidies and their import licence will be suspended for at least six months. World barley prices have risen sharply on drought-reduced crops in Russia and Ukraine.

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