Farms.com Home   News

Ag sector watches for fallout from India-Canada spat

The chief executive officer of a major Canadian pulse buyer and exporter said Sept. 21 he is closely watching political developments between Canada and India.

Murad Al-Katib from AGT Foods told reporters in Regina that waiting and watching is about all the agriculture sector can do right now. He said geopolitical risks are a major part of the industry, but he’s confident that once the political issues are resolved the long-term partnership between the two countries will continue.

“We have arable land and water that India doesn’t have. We have farmers that are able to produce at scale, at the lowest cost and highest quality, and India needs the food, so from that perspective we’re optimistic that politics will remain politics,” he said, adding that ensuring people have access to food is the most relevant political issue.

Click here to see more...

Trending Video

CFTC Chair Defends Enforcement

Video: CFTC Chair Defends Enforcement

This week, the House Agriculture Committee heard testimony from Michael Selig, the Chairman of the Commodity Futures Trading Commission. Many of the questions focused on farmer’s access to trading and pricing data, and enforcement of insider trading on prediction markets.