GFM Network News


(Groupe Soufflet video screengrab via YouTube)

InVivo in talks to acquire French agribusiness Soufflet

Firms see limited overlap outside grain trading

Reading Time: 2 minutes Paris | Reuters -- Co-operative group InVivo has entered exclusive talks to acquire family-controlled Soufflet in a deal that would create one of Europe's biggest agricultural businesses with 10 billion euros (C$15.5 billion) in sales, the French firms said on Wednesday. The potential consolidation comes as France, the European Union's largest agricultural producer, is trying […] Read more

France to help farmers to abandon glyphosate weedkiller

Reading Time: 2 minutes Paris | Reuters – France will give financial aid to farmers who agree to halt use of glyphosate, the farm ministry said on Monday after President Macron said he had failed with efforts to ban use of the weedkiller by 2021. Glyphosate, first developed by Bayer's Monsanto under the Roundup brand, has generated intense global […] Read more


Roquette’s plant-based protein products include Nutralys T70S, billed as a plant-based, texturized protein that “guarantees a unique fibrous texture and great use adaptable to several types of meat substitute” such as burger patties, chicken-type filets and sausage. (Roquette.com)

Plant-based protein maker Roquette sees short-term COVID-19 impact

Demand could accelerate second Canadian plant

Reading Time: 2 minutes Paris | Reuters -- The plant-based protein market has seen a slowdown in new product launches and lower sales in restaurants and cafeterias due to COVID-19 but benefited from more people cooking at home and trying new products, French manufacturer Roquette said. The market for plant-based protein such as meat-free burgers has surged in the […] Read more




A macrophage (immune response) cell in early stages of infection with African swine fever virus, magnified about 1,000x. (Keith Weller photo courtesy ARS/USDA)

China faces long struggle to tackle African swine fever, OIE says

Reading Time: 2 minutes Paris | Reuters -- It will take years for China to contain the deadly African swine fever virus that has spread throughout the country, which is the world's biggest pork producer, the World Organization for Animal Health (OIE) said on Tuesday. China has been struggling to control the epidemic, which some analysts predict could see […] Read more


Aerial view of a rapeseed field in Germany. (Cinoby/E+/Getty Images)

French, German farmers destroy crops after GMOs found in Bayer seeds

Reading Time: 2 minutes Paris | Reuters -- Bayer said on Wednesday that farmers in France and Germany were digging up thousands of hectares of rapeseed fields after traces of genetically modified organisms (GMOs) banned for cultivation were found in seeds sold by the company. GMO crops are widely grown across the world, but they remain controversial in Europe, […] Read more

Protesters wearing yellow vests, the symbol of a French drivers’ protest against higher diesel prices, occupy a roundabout in Cissac-Medoc, France on Wednesday. The slogan in pink reads “Urgent, purchase power, dignity for all.” (Photo: Reuters/Regis Duvignau)

France delays food price rise for farmers after protests

Reading Time: 2 minutes Paris | Reuters -- France, reeling from violent protests over the cost of living, said Wednesday it will delay a planned rise in minimum food prices, incurring the wrath of the main farmers group which urged street action next week. A powerful constituency in French politics, farmers have long complained of being hit by a […] Read more


Photo: Thinkstock

Heatwave ravages European fields, sending wheat prices soaring

Reading Time: 3 minutes Paris | Moscow | Hamburg | Reuters – Searing heat has devastated wheat fields across northern Europe while a combination of dry conditions and extreme rain in the Black Sea have hit output estimates, with prices soaring on fears of further crop damage. Evidence of serious harm to crops is growing as harvesting heads north in […] Read more

(ADM.com)

ADM to buy French animal feed business Neovia

Reading Time: 3 minutes Paris/Chicago | Reuters -- Archer Daniels Midland Company (ADM) is in exclusive talks to take over French animal feed business Neovia for 1.5 billion euros (C$2.3 billion) as part of the U.S. farm giant's strategy to expand in the fast-growing animal nutrition sector. Neovia is majority owned by French cooperative group InVivo. Investment group Eurazeo […] Read more