GFM Network News

More News →

Author Archives Reuters

A view of BHP’s potash mine project north of Jansen, Sask. (BHP.com)
Crops, Markets, Reuters

BHP delaying decision on Saskatchewan potash project

Jansen mine decision to be delayed by a few months

By
Reading Time: 2 minutes Melbourne | Reuters — BHP Group expects to present its board with a decision on whether to proceed with its Jansen potash project in Saskatchewan in a few months’ time — rather than mid-year — after choosing between two port options, an executive said on Thursday. The world’s biggest miner has estimated the project at […] Read more
The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Livestock, Markets, Reuters

U.S. ag secretary backs proposed meatpacking investigator

By
Reading Time: < 1 minute Reuters — U.S. Agriculture Secretary Tom Vilsack on Tuesday threw his support behind a proposal to establish a special investigator to address concerns about anti-competitive practices in the meat and poultry industries. Republican U.S. Senators Mike Rounds of South Dakota and Charles Grassley of Iowa and Democratic Senator Jon Tester of Montana have proposed legislation […] Read more
Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)
Livestock, Machinery, Reuters

JBS says it paid US$11 million in bitcoin for ransom

Cyberattack disrupted plants in North America, Australia

By
Reading Time: 2 minutes Reuters — Meatpacker JBS USA paid a ransom equivalent to US$11 million (C$13.3 million) following a cyberattack that disrupted its North American and Australian operations, the company’s CEO said in a statement Wednesday. The subsidiary of Brazilian firm JBS halted cattle slaughtering at all of its U.S. plants and its Alberta beef plant for a […] Read more
Nutrien’s potash facility at Vanscoy, Sask. (Nutrien.com)
Crops, Reuters

Nutrien to boost potash output on global demand

By
Reading Time: < 1 minute Reuters — Fertilizer company Nutrien said Monday it expects to increase potash production by about half a million tonnes in the second half of the year compared to earlier expectations, due to strong global demand. As crop prices rise, farmers have greater incentive to use fertilizer and maximize yields, boosting potash demand and spurring a […] Read more
File photo of a container vessel being unloaded at a U.K. port. (Sterling750/iStock/Getty Images)
General, Markets, Reuters

Trans-Pacific trade partners agree for U.K. to start joining process

By
Reading Time: < 1 minute Tokyo | Reuters — Member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Wednesday officially agreed to allow the United Kingdom to start the process of joining the pact, Japan’s economy minister said. Japanese Economy Minister Yasutoshi Nishimura told reporters he welcomed the start of Britain’s joining process after hosting an […] Read more
(JBSs.infoinvest.com.br)
Beef Cattle, Livestock, Reuters

JBS Australian, North American servers hacked

By
Reading Time: < 1 minute Melbourne | Reuters –– Australian and North American units of the world’s largest meat works were hit over the weekend by an organized cyber attack on its information systems, Brazil’s JBS said in a statement. The attack caused its Australian operations to shut down on Monday. The company said it was working to resolve the […] Read more
Barley south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)
Barley, Crops, Reuters

WTO creates panel in China-Australia barley row

By
Reading Time: < 1 minute Sydney/Geneva | Reuters — The World Trade Organization (WTO) agreed on Friday to establish a dispute settlement panel to resolve a row over anti-dumping and countervailing duties imposed by China on Australian barley, a trade source attending the meeting said. Australia launched a formal appeal to the WTO last year, seeking a review of China’s […] Read more
(Hexo Corp video screengrab via YouTube)
Crops, Reuters

Hexo steps up cannabis M+A spree with Redecan deal

By
Reading Time: < 1 minute Reuters — Hexo Corp said on Friday it would buy Redecan, a privately-owned Niagara-region cannabis producer, for $925 million in cash and stock, as the pot producer bolsters its portfolio to tap surging demand and position itself as a top recreational weed supplier. Cannabis demand surged last year as many people turned to pot during […] Read more
A view of BHP’s potash mine project north of Jansen, Sask. (BHP.com)
Crops, Reuters

BHP reported in talks with Nutrien on potash partnership

By
Reading Time: < 1 minute Reuters — BHP Group is in discussions with fertilizer maker Nutrien about a partnership in the miner’s massive potash project in Saskatchewan, Bloomberg reported Wednesday, citing sources. Potential options include Nutrien acquiring a stake in BHP’s mine at Jansen, Sask., or becoming the mine’s operator and selling the potash through its channels, the report said, […] Read more
A Kansas City Southern (KCS) rail car at Toluca, Mexico on Oct. 1, 2018. (File photo: Reuters)/Edgard Garrido)
Crops, Reuters

Kansas City Southern sticks with CN as CP won’t raise bid

CN confident of regulatory approval

By
Reading Time: < 1 minute Reuters — Kansas City Southern on Friday reiterated that Canadian National Railway’s offer was “superior” after Canadian Pacific Railway refused to raise its bid, moving a step closer to creating the largest-ever merger of North American railways by transaction value. The Canadian rivals have been locked in a takeover battle for the U.S. railroad operator […] Read more

Special Podcast

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending June 18, 2021.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.