GFM Network News






Label problem caused China’s suspension of two pork shippers

Winnipeg/Ottawa | Reuters — China’s suspension of two Canadian pork exporters’ permits was due to a labeling problem, Canada’s agriculture minister said, adding that she was hopeful of it being resolved. China’s action against two Canadian pork companies, announced by Agriculture Minister Marie-Claude Bibeau on Wednesday, widened a diplomatic rift between the countries. On Thursday, […] Read more


U.S. livestock: Lean hog futures lower, live cattle follow suit

Chicago | Reuters – U.S. hog futures declined on Monday on a mix of softer cash hog prices and technical selling after a run-up to contract highs earlier this month, traders said. Chicago Mercantile Exchange live cattle futures followed hogs lower. The benchmark June lean hogs contract fell roughly 3 percent, settling down 2.975 cents at 93.775 […] Read more

“For people small and starting out, you have to have relationships,” Ray Price says. “Whether it’s family, friends, bankers or workers… you have to find places to have relationships.”

The look of leadership

Known for Sunterra’s bold, future-looking moves, what traits does Ray Price see in the farmers he thinks can up their game for the 2020s?

If Japan starts handing out honourary citizenships, you better believe Ray Price will be on their short list. Already, the Alberta-born farm boy has been to the Land of the Rising Sun more than 100 times representing Sunterra, the Price family’s storied, successful and diversified business. The Prices export a majority of their pork directly […] Read more


Thai CPF to acquire Canadian pork producer HyLife for $372 million

Bangkok | Reuters – Charoen Pokphand Foods Pcl (CPF), Thailand’s largest agriculture conglomerate, said on Monday it would acquire Canadian pork producer HyLife Investments for C$498 million ($372.7 million) to expand its North American business. The acquisition would make CPF a 50.1 percent owner of HyLife, with the remainder held by its Japanese partner, Itochu […] Read more