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Regional news
Mar 21, 2012

The United Nation’s Food and Agriculture Organization (FAO) said on March 20 that it has revised the FAO Statistical Yearbook to make data on food and agriculture more accessible and meaningful.

Mar 21, 2012

A new report from Rabobank's global Food and Agribusiness Research and Advisory department on the future of ethanol provides a look at recent developments and current situations in both the Brazilian and United States markets, and perspectives for 2012 and beyond.

International news
Mar 21, 2012

Russian Prime Minister Vladimir Putin announced there will be no limit on grain exports this year, a decision that lead wheat prices to plunge 3 percent, AP reported. Russia had been one of the leading exporters of wheat and other grains until 2010

Mar 21, 2012

The U.S. rice industry is engaging with Colombian officials to ensure procedures are in place to take advantage of the duty-free tariff rate quota (TRQ) for U.S. rice as soon as the free trade agreement comes into force, USA Rice said on March 20.

TTMA calls for tripartite approach
Dec 14, 2011

The Trinidad and Tobago’s Manufacturer’s Association (TTMA) is viewing the current impasse between the Government and labour that led to the shutdown of the port operations as an issue which requires immediate and urgent resolve. Around 1,000 workers stayed away from work for three and a half days to protest the Port Authority’s failure to meet and discuss a new collective agreement. In a release to the media yesterday the TTMA said the Supermarkets Association of Trinidad and Tobago, the Greater Tunapuna Chamber of Industry and Commerce, the Downtown Owners and Merchants Association (DOMA), the Trinidad and Tobago Chamber of Industry and Commerce also support the TTMA’s position.

The TTMA stated that these organisations believe that the Port shutdown for three and a half days was not in the interest of the national economy and the competitiveness of the non-energy sector as it acts as a further hindrance to national development amidst a global economic situation that continues to be plagued by financial debt woes, and decline in demand from traditional export markets. The TTMA further stated that the business community has for many years championed a tripartite approach between Government, labour and the private sector and it reiterates its call for an urgent meeting with all stakeholders to address the inefficient systems in place at the port and to reach a national consensus with regards to issues like bureaucratic inefficiency, poor productivity and port congestion.

“It is imperative that a national consensus is developed on the way forward due to the vital role of the port to the financial well being of the country and the private sector stands willing to bring our expertise and knowledge to bar in these critical discussion.”

Source: World-Grain