Miscellaneous Commodity market news for May 2004 China Approves Another GM CornDES MOINES - May 3/04 - SNS -- China has approved imports of corn containing the so-called Herculex I Insect Protection trait, based on a Bt gene. . . . Continue or visitors click here North Korean Food Crisis ContinuesSEOUL - May 6/04 - SNS -- North Korea's food crisis continues unabatted and aid programs across the country remain critically under-funded, a senior United Nations official said today. . . . Continue or visitors click here Spring Hay Stocks Increase 17%WASHINGTON - May 12/04 - SNS -- All hay stored on farms May 1, 2004 totaled 25.9 million tons, up 17% from the previous year, according to the latest USDA crop report. . . . Continue or visitors click here Zimbabwe Asserst no Food Aid RequirementJOHANNESBURG - May 12/04 - IRIN -- The government of Zimbabwe says the country has produced enough food to meet domestic consumption requirements and will not require international aid, but independent crop forecasts suggest otherwise. . . . Continue or visitors click here U.S. Senate Seeks Shortline Tax CreditsWASHINGTON - May 13/04 - SNS -- The National Grain and Feed Association (NGFA) expressed pleasure with proposed changes to the U.S. tax code passed by the Senate, which would provide tax credits for shortline and regional railroads to upgrade track to handle 286,000-pound rail cars. . . . Continue or visitors click here U.S. Senate Passes Tax Break BillWASHINGTON - May 13/04 - SNS -- The U.S. Senate passed a bill which seeks to close a tax loophole deemed illegal under the World Trade Organization (WTO) rules and which allowed the European Union to establish ecalating ountive duties on a wide range of U.S. products. . . . Continue or visitors click here FAO Sees Benefits in BiotechnologyROME - May 17/04 - SNS -- Biotechnology holds promise for improving yields and ensuring more consistent crops around the world, argues the FAO, but so far the benefits have been reserved for the rich. . . . Continue or visitors click here Good Seeding Progress in ManitobaWINNIPEG - May 17/04 - SNS -- Seeding is making good progress in Manitoba, although last week's snowfall event kept growers in several parts of the province off fields most of the past week. . . . Continue or visitors click here Australia Sees Neutral Winter Rain OutlookSYDNEY - May 19/04 - SNS -- There is little excitement in the winter rain outlook for Australia, which is neutral in most of the country, but below average for parts of South Australia. . . . Continue or visitors click here ABM Says El Nino Status NeutralSYDNEY - May 19/04 - SNS -- The current El Nino-Southern Oscillation status remains neutral, according to the latest outlook from Australia's Bureau of Meteorology (ABM). . . . Continue or visitors click here Forage Commission FormedEDMONTON - May 25/94 - SNS -- The Alberta Peace Region Forage Seed Grower was created under the provincial Marketing of Agricultural Products Act to help further develop the industry. . . . Continue or visitors click here Zimbabwe's Family's Face Food ShortfallJOHANNESBURG - May 26/04 - IRIN -- Access to food will be a major challenge for ordinary Zimbabweans in the 2004-05 consumption year, the Famine Early Warning Systems Network (FEWS NET) has cautioned. . . . Continue or visitors click here Africa Remains at Focal Point of World HungerROME - May 31/04 - SNS -- The number of countries in the world facing serious food shortages slipped from 38 to 35 in February, but there was no change in Africa, where 24 countries still need food aid, argues the FAO in the May edition of Foodcrops and Shortages. . . . Continue or visitors click here
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