GFM Network News

Trade uncertainty weighs on Manitoba pork prices

CNS Canada -- An ongoing trade battle between China and the U.S., along with general uncertainty in global trade, is starting to put a damper on Manitoba pork prices. In Canada, the formula price used by domestic farmers is based on the national base price in the U.S. That price is determined by a formula[...]

Klassen: Feeder cattle market falters

Compared to last week, western Canadian feeder cattle markets traded $3 to as much as $6 lower. Alberta feeder cattle prices appeared to move in line with major U.S. markets, which were also down $3-$5 from week-ago levels; however, minimal slippage was noted in eastern Saskatchewan and Manitoba. Weakness in deferred live and feeder cattle[...]

Ritz to press CWB for interim no-cost buybacks

Federal Agriculture Minister Gerry Ritz has pledged to push the Canadian Wheat Board to allow no-cost buybacks for farmers who'd like to market grain ahead of the official end of the single desk. Ritz told the recent annual meeting of the Western Canadian Wheat Growers Association in Moose Haw that he would push for such[...]

Canadian Chamber again backs voluntary CWB

The Canadian Chamber of Commerce has reiterated its support for a voluntary Canadian Wheat Board and now also urges no-cost licenses for shipping wheat and barley products out of province or for export. The chamber's membership approved a resolution to that effect during its four-day annual general meeting, which ended Tuesday in Gatineau, Que. The[...]

Cheap U.S. cherries flooding Canada: NDP

Canadian cherry growers are expecting one of their best crops ever but stand to lose money this year as cherries from Washington state flood the Canadian market, the federal New Democrats’ agriculture critic warns. “Cherries from the U.S. are being sold in Canada at prices our farmers cannot compete against,” Alex Atamanenko said in a[...]

Alta. joins U.S. Plains trade corridor group

The Alberta government sees farmers gaining from joint efforts on transportation infrastructure, rural development and "collaborative advocacy" on ag and energy issues through a new U.S. interstate trade group. The province on Tuesday officially became a member of the Ports-to-Plains Alliance, an economic development coalition which includes nine U.S. states and aims to smooth trade[...]

NFU urges more disclosure on Lakeside deal

If Canada's Competition Bureau approves the sale of Alberta's Lakeside beef packing plant to XL Foods, it had better publicly cough up "voluminous and detailed justification" for such a decision, the National Farmers Union says. The NFU on Thursday wrote to the Competition Bureau regarding the sale of Lakeside, the Brooks, Alta. facility owned by[...]

Trade lawyer, rancher join ALMA

Canada's former chief NAFTA negotiator and the operations manager for a well-known Calgary-area ranch are the newest board members for the Alberta Livestock and Meat Agency. Agriculture Minister George Groeneveld named John Weekes and Cherie Copithorne-Barnes to ALMA's board on Monday. "Their combined experience in international trade and beef production systems, in both Alberta and[...]

Seek damages from U.S. over CWB: Easter

Canada should demand compensation from the U.S. government for damages, legal bills and lost profits stemming from its latest failed trade action against the Canadian Wheat Board, says federal ag critic Wayne Easter. Easter, a Prince Edward Island Liberal MP, said Wednesday he had written to the Conservative government's newly appointed International Trade Minister Stockwell[...]

U.S. trade court orders wheat tariffs refunded

Two and a half years' worth of tariffs collected on Canadian spring wheat exports to the U.S. must be returned by order of a U.S. trade court. The Canadian Wheat Board announced Thursday that the U.S. Court of International Trade (CIT) has ruled in Canada's favour on duties paid from tariffs that were applied to[...]