Vitol, a Dutch-owned energy and commodity trading company and the world's largest independent oil trader, recently took part in a port capacity shipping auction held by CBH. As a result of the auction,
Vitol has secured about 400,000 tonnes of capacity, emerging as a new player in the grain world.
Vitol announced plans to begin trading in global grain markets this year.
The Canadian Government is supporting new research in crop science that will be of great benefit to farmers.
Working closely with Gerry Ritz, Canadian agriculture minister, Pierre Lemieux, Canadian parliamentary secretary and Dave Mackenzie MP, Oxford, Ontario announced that an investment of CAD$7 million for the Canadian Field Crop Research Alliance to lead a research project that will help producers better compete in global markets.
Working closely with Gerry Ritz, Canadian agriculture minister, Pierre Lemieux, Canadian parliamentary secretary and Dave Mackenzie MP, Oxford, Ontario announced that an investment of CAD$7 million for the Canadian Field Crop Research Alliance to lead a research project that will help producers better compete in global markets.
The FAO has recently warned that about 11 million people in the Sahel, Africa are still severely food insecure. Poor families have used up their food stocks and are now
facing high food prices.
Despite an appeal to raise US$113.1 million this year to support almost 6 million vulnerable people in the Sahel, only US$19.4 million has been received.
The FAO is now
appealing to the international community in the hope of increasing funding to aid the most vulnerable farmers and herders in the region south of the
Sahara.
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| yellow: Sahara; orange: Sahel; green: Sub-Saharan Africa (Photo credit: Wikipedia) |
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