Washington | Reuters — China has agreed to significantly increase its purchases of U.S. goods and services, the two countries said Saturday, but made no mention of a US$200 billion target the White House had touted earlier. Beijing and Washington agreed they would keep talking about measures under which China would import more energy and […] Read more

China agrees to import more ag commodities, fuels from U.S.

Sheltered from the storm — Canadian farm sector doing well
Low dollar and a robust demand for pulses, canola, and specialty crops has spared Prairie producers from troubled times
Reading Time: 3 minutes As the U.S. enters a dark period for its farm economy, there’s cautious optimism in the Canadian agricultural outlook. “The net income and the overall situation in the United States is not looking good,” said Craig Klemmer, senior agricultural economist with Farm Credit Canada. “When we look at the net income expectations for 2016, there’s […] Read more

Switzerland asks voters not to ban farm derivatives trade
Zurich | Reuters –– Switzerland’s government on Tuesday urged voters to reject a campaign to ban trading in agricultural derivatives, saying the well-meaning attempt to alleviate world hunger would not succeed and only jeopardize Swiss jobs and tax revenue. The “No Speculation with Food” initiative is subject of a binding referendum on Feb. 28 under […] Read more

NOT WORKING: Alberta’s food processing industry needs a big fix
If the province wants a vibrant food industry, it will ‘have to do things differently,’ says expert
Reading Time: 3 minutes Alberta’s food-processing industry faces a grim future without a “disruptive intervention,” says an agri-food industry veteran. “Current approaches toward innovation and growth — particularly in the food industry here in Alberta — are not working,” said Jerry Bouma of Toma & Bouma Management Consultants. “If we seek success and want to grow this industry, we’re […] Read more