Newsletter January 8, 2007

"We met with people who have been buying grain, a
major corporation here, the Chinese Oil and Food
Corporation (COFCO). COFCO was very clear with us
about how important the Canadian Wheat Board was
as a single-desk seller to providing them with quality
grain and malting barley and wheat," he said. In 2005
China purchased $752 million in exports from
Saskatchewan, according to Saskatchewan
Agriculture and Food. With a population of about 1.3
billion, China is projected to become the world's
largest food and agri-products market within the next
two decades.

Chinese need Canadian grains...

Cream of Wheat, the breakfast cereal that got its start
in North Dakota, is being sold. Kraft, the world's
second-largest food manufacturer, said the sale to
Parsippany, N.J.-based B&G, which was announced
Tuesday, also includes the Cream of Rice label and
manufacturing equipment.

Sold for $200 mn...

A Russian food safety watchdog has lifted a temporary
ban on live cattle imports from Canada, Alexei
Alekseyenko, chief spokesman for the watchdog, said
Monday, news agency Prime-Tass reported. The ban
was lifted after Russia's Federal Service for Veterinary
and Phytosanitary Oversight conducted an inspection
in Canada, he said. The ban was imposed in 2004
due to cases of bovine spongiform encephalopathy, or
mad cow disease.

Here comes the beef...

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