General & Production Tips

Beef, eggs, feed fatten Cargill’s profits

By GFM Network News July 12, 2018

Chicago | Reuters — Strong global demand for beef and animal feed fattened grain trader Cargill’s profits in fiscal year 2018, which were also boosted by trade tensions and South American weather woes, the company said on Thursday. For the full year, adjusted operating earnings reached $3.2 billion, up six per cent from fiscal 2017 […] Read more

General, Reuters

Tim Hortons to enter China

By GFM Network News July 11, 2018

Reuters — Canadian coffee-and-donut chain Tim Hortons will open 1,500 outlets in China over the next decade, capitalizing on a growing cafe culture in the world’s second-largest economy, the chain’s parent Restaurant Brands International said on Wednesday. Restaurant Brands shares rose almost three per cent after the company announced the Tim Hortons move into China […] Read more

General, Markets

Consider hedging against rate hikes, farmers advised

By GFM Network News July 11, 2018

CNS Canada — The Bank of Canada has raised its benchmark interest rate to 1.5 per cent, marking the fourth time it has raised rates since last summer. The increase from 1.25 per cent is the base rate retail banks pay for short-term loans, but consumer rates for mortgages, lines of credit and other loans […] Read more

General, Markets

Ag balance sheet points to stable farm economy

By GFM Network News June 20, 2018

CNS Canada — Canadian farmers saw their farm equity climb almost seven per cent last year compared to the year before — and Farm Credit Canada’s principal agricultural economist said that falls in line with FCC’s analysis. Data released by Statistics Canada on Wednesday showed 2017 farm equity climbed to $535.3 billion, up $34.6 billion […] Read more

General, Markets, Reuters

Trump says ‘getting there’ in NAFTA talks

By Reuters, GFM Network News June 19, 2018

Washington | Reuters — U.S. President Donald Trump said on Tuesday progress was being made in slow-moving talks to update the NAFTA trade accord between the U.S., Canada and Mexico, but he held out the prospect of striking bilateral pacts if a three-way deal could not be reached. “We’re trying to equalize it. It’s not […] Read more

(Canada Border Services Agency video screengrab)

General, Markets, Reuters

Canada says agreed with U.S. to keep NAFTA alive, no talks set

By GFM Network News June 14, 2018

Reuters — Canada agreed with the U.S. on Thursday that slow-moving talks to update NAFTA should continue, although they did not set a date for the next round, a senior official said in remarks casting further doubt on the chances of a deal this year. Negotiations to modernize the North American Free Trade Agreement started […] Read more

(Video screengrab from Mapaq.gouv.qc.ca)

General

Quebec ag minister won’t run again

By Grainews Staff, GFM Network News June 8, 2018

With just under four months before the province’s next election, Quebec’s current minister of agriculture, food and fisheries won’t be in the running. Laurent Lessard ended weeks of speculation Friday when he announced he won’t seek a sixth term as the MNA for Lotbiniere-Frontenac. In a statement on Facebook, Lessard, 55, thanked his constituents for […] Read more

General, Machinery

Ontario ag minister downed in Tories’ election win

By Grainews Staff, GFM Network News June 8, 2018

The Ontario Liberals’ minister of agriculture, food and rural affairs is among the election-night casualties as the province’s Progressive Conservatives get set to form a majority government. As of midnight CT Friday, Doug Ford’s Tories were elected or leading in 76 of 124 ridings, followed by Andrea Horwath’s New Democrats in 40 and Kathleen Wynne’s […] Read more

(Marina Karkalicheva/iStock/Getty Images)

General, Markets, Reuters

Over 14 per cent of U.S. farm exports seen at risk in trade disputes

By GFM Network News June 7, 2018

Des Moines | Reuters — More than 14 per cent of US$140 billion in annual U.S. farm exports have been or are likely to be hit by retaliatory tariffs in trade disputes with countries such as China and Mexico, a top U.S. trade negotiator said on Thursday. Mexico imposed tariffs on U,S, products ranging from […] Read more

General, Machinery, Reuters

Heavy factory, dealer discounts fuel U.S. truck price war

By GFM Network News June 4, 2018

Reuters — Heavy discounts of up to US$16,000 per vehicle are fueling a “truck war” among full-size pickups sold in the U.S. by the Detroit Three, a Reuters analysis shows. Strong U.S. sales this year of the highly profitable big trucks have helped offset lagging passenger car sales. But it is not clear how much […] Read more

GFM Network News

‘Significant’ Canadian GDP slide expected in 2026, FCC says

Gene edited, PRRS resistant pig approved in Canada

U.S. livestock: Cattle futures end week higher

General

Beef, eggs, feed fatten Cargill’s profits

Tim Hortons to enter China

Consider hedging against rate hikes, farmers advised

Ag balance sheet points to stable farm economy

Trump says ‘getting there’ in NAFTA talks

Canada says agreed with U.S. to keep NAFTA alive, no talks set

Quebec ag minister won’t run again

Ontario ag minister downed in Tories’ election win

Over 14 per cent of U.S. farm exports seen at risk in trade disputes

Heavy factory, dealer discounts fuel U.S. truck price war

AgCanadaTV

AgCanadaTV: Inflation puts tighter squeeze on farmers

Cyber-Savvy Farmer

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