GFM Network News



EU adopts post-Brexit import quotas for farm produce

Brussels | Reuters — The European Union on Monday adopted quotas for farming produce it will accept from third countries after Britain leaves the bloc and acknowledged this could happen before it has concluded talks with them on the subject. The EU has in place a series of tariff rate quotas, allowing agricultural producers such […] Read more



Britain outlines post-Brexit farm policy in bill

London | Reuters –– Britain will introduce legislation on Wednesday for agricultural policy after it leaves the European Union that will link support for farmers to the provision of public benefits such as tackling climate change or preserving beautiful landscapes. The Agriculture Bill, primarily covering England, will provide the basis for policy in a sector […] Read more



Britain reported looking to NAFTA if Brexit deal fails

London | Reuters — Britain could join a formal trade alliance with the United States, Canada and Mexico if the European Union refuses to clinch a post-Brexit trade deal, the Daily Telegraph newspaper reported on Tuesday. The newspaper said British ministers were looking at joining the North American Free Trade Agreement (NAFTA) as part of […] Read more



Canada expects Britain to be part of CETA

London | Reuters –– Canada expects Britain to be part of the CETA trade deal between Canada and the European Union, and stands ready to work with Britain on how the system will function after Brexit, Finance Minister Bill Morneau told BBC radio on Wednesday. He also defended Canada’s NAFTA trade deal with the U.S. […] Read more


Brexit – good or bad for us?

While the ag sector looks for stability in currency markets, short-term price spikes and long-term trade agreements may get overlooked

Financial markets began to stabilize within days of the U.K.’s surprise Brexit vote this past June, but that doesn’t mean the vote has been shrugged off either by the big exchanges or by the markets that set the prices for farm commodities. It does mean, however, that the world is coming to terms with the […] Read more

In an unusual move, AGCO president and CEO chose to introduce new Challenger tractors to stock market investors rather than at an agricultural event.

Bad news for ag’s Big 3 farm equipment manufacturers

With three-quarters of machinery makers already planning lay-offs, Brexit’s damage to the EU is creating more worry

On the eve of Britain’s June 23 vote, I was in Hungary eating supper with a group of journalists including a freelancer who is also part of a family farm operation in England. She was the one to correctly predict the “leave” victory. That farmers would vote to leave the EU was astonishing to me. […] Read more