GFM Network News


Near-normal monsoon expected in India

MarketsFarm — Monsoon rains in India are expected to be near normal in 2019, according to the first long-range forecast of the year from the India Meteorological Department. The southwest monsoon typically runs from June through September. It provides crucial moisture for the country’s agriculture sector, as it accounts for roughly 70 per cent of […] Read more






Pulse weekly outlook: Green pea premium to erode with acreage increase

MarketsFarm — Green peas continue to command a sizeable premium over their yellow counterparts in Western Canada, which should see acreage shift this spring and an eventual rebalancing of the price spread. Green peas usually trade at a premium to yellow peas due to higher quality specs and concerns over bleaching, but the current price […] Read more

Trump moves to scrap trade privilege for India

Washington/New Delhi | Reuters — U.S. President Donald Trump looked set to open a new front in his trade wars with a plan to end preferential trade treatment for India that allows duty-free entry for up to US$5.6 billion worth of its exports to the United States. Monday’s move comes as trade tensions between the […] Read more


India to reimburse freight for some ag exports

New Delhi | Reuters — India will provide federal support for the transportation of some farm products to make Indian goods more competitive in foreign markets, the government said in a statement Tuesday. The scheme will be applicable for a year, to March 2020. The government will reimburse the freight paid by Indian exporters through […] Read more

U.S. wins WTO ruling on Chinese grains

Geneva | Reuters — The United States won a World Trade Organization ruling on China’s price support for grains, successfully challenging a calculation methodology that is also used by India. A WTO adjudication panel agreed on Thursday with the U.S. complaint that China had paid farmers too much for wheat, Indica rice and Japonica rice […] Read more



AGT privatization gets shareholders’ approval

The privatization of Canadian pulse processor AGT Food and Ingredients is set to move another step forward as company officials take their plan to Ontario’s Superior Court on Monday. The Feb. 11 court date in Toronto comes after AGT shareholders voted Tuesday at a special shareholders’ meeting in favour of privatization, according to a company […] Read more