GFM Network News


Vietnam considers CPTPP-level tariff cuts on U.S. ag products

Reading Time: 2 minutes Hanoi | Reuters — Vietnam is considering cutting tariffs on several U.S. products, the ministry of finance said in a statement on Monday, after U.S. Commerce Secretary Wilbur Ross urged Vietnam to reduce its trade surplus during a visit to Hanoi last month. Tariffs on chicken and processed chicken meat, almonds, grapes, wheat, pork and […] Read more

Cargill’s quarterly profit up on beef, egg demand

Reading Time: 2 minutes Chicago | Reuters — Global commodities trader Cargill reported a three per cent increase in adjusted quarterly profit on Thursday, citing strong consumer demand for meat and eggs in North America and growth in its animal nutrition businesses. Cargill, the largest privately held U.S. company, said its adjusted operating earnings rose to $908 million in […] Read more


Poultry co-ops Exceldor, Granny’s to merge

Reading Time: 2 minutes Quebec poultry co-operative Exceldor is expanding its westward reach through a merger deal with Manitoba-based Granny’s Poultry Co-operative. The two co-ops announced the combination Wednesday, noting it’s already been approved by Granny’s producer members in a “unanimous” vote taken in May, and by the federal Competition Bureau in a decision last month. “The main objective […] Read more



Mexican farmers urge ‘mirror’ tariffs on Trump’s rural base

Reading Time: 2 minutes Mexico City | Reuters — Leaders of Mexico’s agricultural sector are urging “mirror measures” on U.S. farm imports in politically sensitive products such as yellow corn and poultry, in an effort they argue would counter decades of subsidized imports from the United States. The three-month-old government of President Andres Manuel Lopez Obrador is currently working […] Read more

Maple Leaf to consolidate Ontario poultry processing

Reading Time: 2 minutes A new $660 million plant at London, Ont. will house Maple Leaf Foods’ Ontario fresh poultry processing operations by mid-2021 as the food processing firm prepares to shut three older facilities. Toronto-based Maple Leaf announced Monday it will build a 640,000-square foot plant at London, billed as “one of the most technologically advanced poultry-processing plants […] Read more


World crop briefs: North Carolina losing crops, livestock to Florence

Reading Time: 2 minutes CNS Canada — Record-setting rain and floods in North Carolina caused by Hurricane Florence have destroyed the state’s poultry sector with 3.4 million chickens and turkeys reported killed. Pig losses are estimated at 5,500. Widespread power outages and flooded roads are making it difficult to get help to abandoned livestock operations. The state is home […] Read more

Florence shuts down U.S. slaughterhouses

Reading Time: 3 minutes Chicago/Los Angeles | Reuters — U.S. food companies kept slaughter plants shut on Monday in southeastern states swamped by Hurricane Florence as flash floods collapsed the walls of at least two hog manure pits, made roads undriveable and delayed rail shipments. Catastrophic flooding from Hurricane Florence, which has dumped up to 36 inches of rain […] Read more


Coop federee buys into Ontario feed sector

Reading Time: 2 minutes Fresh off its recent investment in the Prairie livestock feed business, Quebec ag co-operative giant La Coop federee is headed down a similar path in southwestern Ontario. The co-operative announced Monday it will pay an undisclosed sum for a 50 per cent stake in W-S Feed and Supply, based at Tavistock, Ont., about 30 km […] Read more

DowDuPont bets on canola in race to boost plant proteins

Reading Time: 2 minutes Winnipeg | Reuters — Production of Canada’s biggest crop, canola, has expanded rapidly in recent years amid strong demand for the vegetable oil it produces. But the other processed canola product, meal, takes a backseat to U.S. soymeal to feed certain livestock, due to a reduced protein level. Seed developer DowDuPont hopes to change that […] Read more