GFM Network News

More News →

As farmers are putting their next 
crop in, there’s controversy over how hard hit some producers have been, 
according to the latest income figures.
News

Farm income up amid calls for more farm aid

Do Prairie grain farmers need more government help? Not right now according to one producer

By
Long before COVID-19 disrupted agricultural markets, Canadian farm leaders were lobbying the federal government for money to offset the effect of trade disputes and harvest problems. But the latest farm income figures don’t necessarily back that call, showing, on the whole, Canadian farmers netted more money in 2019 than the year before. 2019 Canadian farm
News

Pot crop receipts obscure farm income figures

Measured by cash receipts cannabis ranks fourth behind canola, wheat and soybeans

By
It didn’t take long for cannabis to become a major crop in Canada. It was legalized for recreational use in October 2018. In 2019 cannabis cash receipts of $2.3 billion put it fourth behind canola ($8.6 billion), wheat, excluding durum ($5.4 billion), and soybeans ($2.5 billion). Cannabis narrowly beat grain corn which in 2019 generated
Markets

Legalization lifts Canada’s net farm income in 2019

Livestock receipts up, unsmokeable crop receipts lower

By ,
A significant year-over-year increase Canada booked last year in realized net farm income rests mainly on 2019’s status as the country’s first full year in the recreational cannabis market. Statistics Canada on Tuesday released full-year data on farm income, pegging Canada’s realized net farm income for 2019 at $4.9 billion — a 10.4 per cent
Markets, Weather

EU plans to halve pesticide use, expand organic farming

By
Brussels | Reuters — The European Commission said on Wednesday it planned to increase organic farming and cut agricultural chemical use to protect the environment, proposals welcomed by green groups but which farmers said would make them less flexible. Agriculture is a contributor to climate change – producing around 10 per cent of EU greenhouse
Markets

Agri-food tech expected to be a post-pandemic growth industry

Ag, food sectors may seek out more e-commerce, labour-saving tools

By ,
Ottawa — A researcher at the University of Guelph says the COVID-19 pandemic will spark agility – particularly related to technology – in agriculture. “(The pandemic) has re-emphasized the need to get access to some of the technology that exists in other sectors and are not easily accessible in agri-food systems,” said Rozita Dara, an
News

Delta 9 gets green light for automated cannabis packing line

Other expansions to the grow facility postponed in the wake of the COVID-19 pandemic

By
Cannabis company Delta 9 has government clearance to begin using its on-site, automated packing and processing facility. “This approval will allow us to streamline and automate our packaging and labelling activities and improve our ability to bring consumer-packaged cannabis products to market,” said Delta 9 CEO John Arbuthnot in a news release on April 13.
Crops

Canopy Growth to close Saskatchewan pot plant

Ontario company stepping out of other international plays

By ,
A major indoor cannabis grow site at Yorkton, Sask. is the latest casualty as pot producer/retailer Canopy Growth adjusts its worldwide footprint. Smiths Falls, Ont.-based Canopy Growth, whose cannabis brands include Tweed, Tokyo Smoke, Van der Pop and Spectrum Therapeutics, announced Thursday it will shut down its Tweed Grasslands production facility at Yorkton to “further
Crops

Ontario drops weed from essentials list

Officials call for further intervention

By ,
Reuters — Ontario’s government on Friday removed cannabis from a list of essential businesses allowed to operate during the lockdown, as part of its efforts to further restrict contact amid a deepening coronavirus crisis. The move comes after health officials projected 80,000 COVID-19 coronavirus cases and about 1,600 deaths by month end under current policies,
Crops

As customers hoard pot brownies, weed firms see lockdown boost

By
Reuters — Cannabis sales are touching new highs as customers across the U.S. and Canada stockpile weed to prepare for long spells of isolation because of the coronavirus pandemic. Between March 16 and 22, sales of recreational cannabis across California, Colorado, Oregon and Alaska — some of the key U.S. markets — were up 50

Special Podcast Series

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending June 5, 2020.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.