GFM Network News


Cattle graze near Dauphin, Man. in late July. (Manitoba Co-operator photo by Alexis Stockford)

Feds lock in AgriRecovery funds before election call

Ottawa's pledged share now up to $500 million

Reading Time: 2 minutes Just hours ahead of a federal election call, the federal government has committed $500 million to cover its share of federal/provincial AgriRecovery support plans for drought-hit farmers across Canada’s West. Shortly before Prime Minister Justin Trudeau’s visit Sunday to Rideau Hall seeking the dissolution of Parliament for a federal election, Agriculture Minister Marie-Claude Bibeau confirmed […] Read more

Smoke rises from a wildfire over a hill at Kamloops, B.C. on July 1, 2021, in this screen grab obtained from a social media video. (Nicole Ritter via Reuters)

B.C. presses for ranchers to register before wildfires hit

Premises ID helps protect livestock in emergencies, province says

Reading Time: 2 minutes British Columbia’s provincial ag ministry hopes to shore up ranchers’ participation in the Premises Identification program against the risk of further wildfires this year. About two-thirds, or 5,200, of B.C.’s non-supply managed livestock producers, and all the supply-managed dairy cattle and poultry premises in the province, are registered in the program, the province said Wednesday. […] Read more


Prime Minister Justin Trudeau leaves a news conference at Rideau Cottage in Ottawa on June 25, 2021. (Photo: Reuters/Blair Gable)

Parliament rises as farm succession bill passes

Manitoba MP's private member's bill clears Senate

Reading Time: 3 minutes With the possibility of a fall election looming, MPs rose from the House of Commons on Wednesday, marking the end to a parliamentary session featuring a handful of laws impacting agriculture. Brandon-Souris MP Larry Maguire saw his private member’s bill, aimed at lowering taxes on the sales of farms and other small businesses, pass in […] Read more

Flush farmers have a reputation for reinvesting in their operations, which has a positive impact on the economy. (Luca Piccini Basile/iStock/Getty Images)

StatsCan shows 2020 farm income up significantly

Farm cash receipts were up more than expenses

Reading Time: 4 minutes Canadian farm income, no matter how it’s measured, was up a lot in 2020, data released Wednesday by Statistics Canada show. Canadian net farm income of $18.1 billion is up $4.8 billion from 2019 — a 36.5 per cent increase. Another measure — realized net farm income (RNFI) — saw farmers take in $9.9 billion, […] Read more


File photo of a steak sandwich with chimichurri sauce at a street food market in Buenos Aires. (Aleksandr_Vorobev/iStock/Getty Images)

Tensions build over Argentina’s beef export ban

Rural associations pledge pause in livestock trading

Reading Time: 2 minutes Buenos Aires | Reuters — Argentine farm groups will halt trading of livestock in protest against a 30-day government ban on beef exports aimed at bringing down domestic prices, the country’s main producer groups said in a joint statement Tuesday. The South American country’s centre-left Peronist government unveiled the ’emergency measure’ to tamp down high […] Read more

CBOT July 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange, dark green lines). (Barchart)

U.S. grains: Corn tops $7 for first time since 2013 in most-active contract

High corn prices are not destroying demand, Bunge CEO says

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures on Tuesday topped US$7 a bushel in the most-active contract for the first time since 2013 as unfavourably dry crop weather in Brazil kept attention on tightening global supplies. Surging prices have done little to curb robust demand for corn used to feed livestock and produce ethanol, opening […] Read more


A cornfield in Mexico’s Chihuahua state. (Undefined undefined/iStock/Getty Images)

Mexico’s ban on GMO corn imports won’t apply to feed, U.S. says

Reading Time: 2 minutes Chicago | Reuters — U.S. Agriculture Secretary Tom Vilsack said on Friday that a Mexican plan to ban imports of genetically modified (GMO) corn would apply to grain used for human food products, not livestock feed, based on recent talks he had with Mexican Agriculture Secretary Victor Villalobos Arambula. Vilsack said limiting the ban to […] Read more

(Dave Bedard photo)

USDA plans more pandemic programs for disadvantaged farmers

Review found disparities in farm aid distribution

Reading Time: 2 minutes Chicago | Reuters — The U.S. Department of Agriculture said on Wednesday it will dedicate at least US$6 billion to help smaller-scale and socially disadvantaged farmers who were hurt by the pandemic, along with producers of organic food and other specialty crops. The agency said it would also increase by approximately $5.6 billion payments made […] Read more


Elanco Animal Health CEO Jeff Simmons speaks during an interview at the New York Stock Exchange (NYSE) on Sept. 20, 2018. (Photo: Reuters/Brendan McDermid)

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

(Bob_bosewell/iStock/Getty Images)

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