The Canadian Grain Commission has revoked six licenses for Global Food and Ingredients, a plant-based and plant protein company with facilities in Saskatchewan.
Daily news
Grain commission revokes GFI licenses
Global Foods and Ingredients shut down operations May 7
Rail strike won’t happen this month, CPKC says
CPKC, Teamsters to continue meeting as Canadian Industrial Relations Board deliberates
A potential rail strike will not happen this month as rail companies and workers await a decision from the Canada Industrial Relations Board (CIRB), Canadian Pacific Kansas City (CPKC) said today.
Deere cuts 2024 profit forecast as sliding farm income stifles demand
Deere has trimmed its annual profit forecast for the second time, squeezed by slumping demand for tractors and combines as falling crop prices pressure farm income.
Argentina’s Bioceres makes world’s first sales of genetically modified wheat seeds
Bioceres Crop Solutions has begun sales of genetically modified (GM) wheat seeds in Argentina, the first time the technology has been commercially available to farmers anywhere in the world, CEO Federico Trucco said on Wednesday.
U.S. grains: CBOT soybeans slip as US crush hit 7-month low in April
Chicago Board of Trade soybean futures ticked down on Wednesday, after the National Oilseed Processors Association (NOPA) reported that U.S. crushing plunged in April to a seven-month low.
U.S. livestock: Cattle futures firm on strong demand, rising beef prices
Chicago Mercantile Exchange live cattle futures firmed for a second straight day on Wednesday as rising beef prices and strong packer demand ahead of the Memorial Day holiday weekend supported the market, analysts said.
CBOT weekly: Traders watching out for weather concerns
United States wheat futures rose sharply during the week ended May 15, while corn and soybean futures at the Chicago Board of Trade (CBOT) were in a rangebound, up-and-down pattern.
Organic farmers invited to soil health benchmarking study
Organic farmers across the country are invited to measure the benefits of soil management practices on their farms as part of a study led by Prairie organic organizations.
GFI closes Saskatchewan operations
Global Food and Ingredients, a plant-based and plant protein company with facilities in Saskatchewan, has announced a “wind down” of its business operations. A May 7 news release on the GFI website says the company cannot service its outstanding debts.
Manitoba crop report: Seeding speeds up to normal pace
Planting progress greatly accelerated across Manitoba during the week ended May 12.
The province’s crop report released on May 14 showed that seeding was at 30 per cent completion, compared to just four per cent the week before.
Cyber-Savvy Farmer
