GFM Network News


CWB class-action suit a step closer to litigation

Manitoba Court of Appeal overrules lower court, allows case to seek certification

A proposed class-action lawsuit against the federal government and G3, alleging millions of dollars of farmers’ money was improperly used to privatize the Canadian Wheat Board (CWB) in 2012, is a step closer to certification and litigation, says Stewart Wells, chair of the Friends of the Canadian Wheat Board, which is backing the suit. The […] Read more

Ag publishing house Issues Ink sold

Farms.com buys Winnipeg media company

Online ag information company Farms.com has taken another step into Canadian print media by buying ag publishing and consulting company Issues Ink. Winnipeg-based Issues Ink publishes Germination, Spud Smart, the Alberta Seed Guide, European Seed and Seed World. Its Seed World Group division also includes Seed World Create, a consulting unit providing marketing and communications […] Read more


U.S. in talks with Huawei exec on resolving criminal charges, source says

'This would be a great way to end this nightmare'

Reuters — U.S. prosecutors are discussing a deal with lawyers for Huawei chief financial officer Meng Wanzhou to resolve criminal charges against her, a person familiar with the matter said, signaling a potential end to a case that has strained ties between the U.S., China and Canada. Negotiations between Meng’s attorneys and the U.S. Justice […] Read more

U.S. pork packer Smithfield offers ultra-cold vaccine storage

COVID-19 vaccines need storage at -20 C, -70 C

Chicago | Reuters — Smithfield Foods, the world’s biggest pork processor, said on Thursday it had offered to help U.S. health officials distribute COVID-19 vaccines and store them in ultra-cold freezers that are in high demand to support a public vaccination campaign. U.S. states, cities and hospitals are scrambling to buy freezers that can safely […] Read more


Richardson to boost Peace region grain handle

New elevator in progress west of Grande Prairie

Prairie grain handler Richardson Pioneer has started work on a new elevator to expand its access to the southern reaches of northwestern Alberta’s Peace region. The Winnipeg company said Thursday it expects to complete a new high-throughput grain elevator by fall next year on Canadian National Railway (CN) track at Huallen, about 35 km west […] Read more

Feed weekly outlook: Export demand supports prices

MarketsFarm — Feed grain prices remain strong into the winter, due to steady feedlot demand and solid export activity. Brandon Motz of CorNine Commodities at Lacombe, Alta. said feedlots have freed up some pen space after COVID-19 shutdowns created backlogs, but demand remained steady. “There’s more pen space in southern Alberta, compared to other years,” […] Read more


U.S. livestock: Cattle futures step back on demand uncertainty

February lean hog futures lower

Chicago | Reuters — Live cattle futures trimmed on Thursday as fears of additional pandemic closures weighed on the demand outlook, traders said. Chicago Mercantile Exchange February live cattle futures fell 1.35 cents to 112.575 cents/lb., the contract’s biggest decline in two weeks (all figures US$). CME January feeder cattle ended two cents lower at […] Read more

Peru farm protests grip country, turn deadly

'There are no harvests, there is nothing'

Lima | Reuters — Protests by farm workers demanding better wages in Peru raged on for a fourth day Thursday, spreading north into key agricultural areas of the Andean nation, derailing harvests of some crops, snarling transport of produce and leaving at least one dead. Peruvian interim President Francisco Sagasti called the death of a […] Read more


U.S. grains: Soybeans up one per cent as soyoil climbs

Corn up; wheat declines on global supply outlooks

Chicago | Reuters — U.S. soybean futures rose about one per cent on Thursday, rallying on bargain buying after a two-week low set a day earlier and on uncertainty about South American crop prospects, traders said. Soybeans also drew support from strength in soybean oil futures, which advanced about two per cent on news of […] Read more