GFM Network News


Second activist investor buys into Elanco

Reading Time: < 1 minute Reuters — Hedge fund Starboard Value LP has taken a stake in Elanco Animal Health and nominated three directors to the animal healthcare company’s board, the Wall Street Journal reported Wednesday, citing people familiar with the matter. The WSJ report did not mention the size of Starboard’s stake in Elanco, which makes treatments for pets […] Read more

Farmers’ net cash income improves as crop prices soar

Reading Time: < 1 minute Winnipeg | Reuters — Canadian farmers reaped record profits last year and are on track to do the same this year, the federal agriculture ministry said on Thursday, as prices for its top crops soared. Prices of canola hit all-time highs this month, rallying with oilseed rival soybeans, on brisk Chinese buying to produce feed […] Read more


U.S. Senate confirms Vilsack as Biden’s ag secretary

Pandemic leaves USDA 'a lot of work to do'

Reading Time: 2 minutes Reuters — The U.S. Senate on Tuesday confirmed Tom Vilsack to head the Department of Agriculture, returning the former Iowa governor to the job he held under ex-President Barack Obama. The 100-member Senate approved Vilsack 92-7. He needed a simple majority in the Democratic-controlled chamber to be confirmed. As secretary of the sprawling department, Vilsack […] Read more

China’s 2020 corn, wheat imports reach record highs

Reading Time: < 1 minute Beijing | Reuters — China’s grains imports soared to record highs in 2020, customs data showed on Monday, after tight domestic corn supplies pushed prices to multi-year peaks, driving demand for cheaper imports. China, the world’s top agricultural market, bought a record 11.3 million tonnes of imported corn last year, including 2.25 million tonnes in […] Read more


EU farmers could get cash to curb emissions from belching livestock

Reading Time: 2 minutes Brussels | Reuters — Farmers should get European Union funding to reduce methane emissions from livestock or increase organic farmland, the European Commission said on Thursday, under plans to make agriculture greener. The EU is nearing the end of a two-year battle to overhaul its massive farming subsidies scheme, to attempt to align the agriculture […] Read more

U.S. lifts federal protections for gray wolf

Reading Time: 2 minutes Reuters — The Trump administration in the U.S. said Thursday said it will lift Endangered Species Act protections for the gray wolf, arguing the species had been brought back successfully from the brink of extinction. The move gives states in the continuous United States the authority to manage their local wolf populations, including by allowing […] Read more


Blast kills at least 23 at Afghanistan livestock market

Area shelled in clashes between government forces, Taliban

Reading Time: 1 minute Kabul | Reuters — At least 23 civilians were killed in Afghanistan’s southern Helmand province and dozens were wounded when rockets hit a cattle market on Monday, Afghan government and Taliban officials said. The warring sides blamed each other for the attack on the open-air weekly cattle market in Sangin district, where hundreds of villagers […] Read more

COVID-19 knocks Agribition off 2020 calendar

Organizers look to 2021, plan 'new digital experiences' in meantime

Reading Time: 2 minutes Another of the Prairies’ major agricultural exhibitions has removed itself from the 2020 schedule. The 50th edition of Canadian Western Agribition, which was scheduled for Nov. 30 to Dec. 5 this year at Regina’s Evraz Place exhibition park, has been postponed to Nov. 22-27, 2021. Organizers of the not-for-profit event said Wednesday they made the […] Read more


New pilot program for agri-food labour welcomed

Meat processors, greenhouse and mushroom growers, livestock producers get first crack at program

Reading Time: 4 minutes Ottawa — Federal officials hope a new pilot program will help stabilize ongoing labour issues in certain sectors of the agri-food value chain, while also providing citizenship to some foreign workers. Critics, however, contend more support is needed. “This pilot will help to ensure that farmers and processors have the much-needed skills, experience and labour […] Read more

Saskatchewan to adjust WLPIP premiums for producers

Province also opts in to fund AgriRecovery set-aside plan

Reading Time: 2 minutes The Saskatchewan government plans to temporarily subsidize livestock producers entering the Western Livestock Price Insurance Program (WLPIP) against its recent jump in program premium costs. The province on Thursday announced it will provide $5 million to “partially offset” WLPIP premiums, which it noted have risen “significantly” since the end of February this year on COVID-19-induced […] Read more