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World’s ‘affection’ for Canada will help in trade diversification: Carr

By David Ljunggren, GFM Network News July 20, 2018

Ottawa | Reuters — There is “an awful lot of affection for Canada” around the world that will help the government’s push to diversify exports away from the United States, the country’s new trade minister said on Thursday, as ties with Washington become more strained. Winnipeg MP Jim Carr, previously the minister for natural resources,

National job vacancy rate increases in ag sector

By GFM Network News, Terry Fries July 15, 2018

CNS Canada — The national job vacancy rate in the agriculture, forestry, fishing and hunting sector is increasing compared to the same period a year ago. Data for the first quarter of 2018, ending April 30, showed a vacancy rate of 6.9 per cent in the sector compared to 5.3 per cent in the first

Markets

Beef, eggs, feed fatten Cargill’s profits

By GFM Network News, P.J. Huffstutter, Tom Polansek July 12, 2018

Chicago | Reuters — Strong global demand for beef and animal feed fattened grain trader Cargill’s profits in fiscal year 2018, which were also boosted by trade tensions and South American weather woes, the company said on Thursday. For the full year, adjusted operating earnings reached $3.2 billion, up six per cent from fiscal 2017

Tim Hortons to enter China

By GFM Network News July 11, 2018

Reuters — Canadian coffee-and-donut chain Tim Hortons will open 1,500 outlets in China over the next decade, capitalizing on a growing cafe culture in the world’s second-largest economy, the chain’s parent Restaurant Brands International said on Wednesday. Restaurant Brands shares rose almost three per cent after the company announced the Tim Hortons move into China

Markets

Consider hedging against rate hikes, farmers advised

By GFM Network News, Terry Fries July 11, 2018

CNS Canada — The Bank of Canada has raised its benchmark interest rate to 1.5 per cent, marking the fourth time it has raised rates since last summer. The increase from 1.25 per cent is the base rate retail banks pay for short-term loans, but consumer rates for mortgages, lines of credit and other loans

Markets

Trump says ‘getting there’ in NAFTA talks

By GFM Network News, Reuters June 19, 2018

Washington | Reuters — U.S. President Donald Trump said on Tuesday progress was being made in slow-moving talks to update the NAFTA trade accord between the U.S., Canada and Mexico, but he held out the prospect of striking bilateral pacts if a three-way deal could not be reached. “We’re trying to equalize it. It’s not

(Canada Border Services Agency video screengrab)

Markets

Canada says agreed with U.S. to keep NAFTA alive, no talks set

By David Ljunggren, GFM Network News June 14, 2018

Reuters — Canada agreed with the U.S. on Thursday that slow-moving talks to update NAFTA should continue, although they did not set a date for the next round, a senior official said in remarks casting further doubt on the chances of a deal this year. Negotiations to modernize the North American Free Trade Agreement started

Livestock

EU backs plan to tackle antimicrobial resistance

By GFM Network News, Reuters June 14, 2018

Brussels | Reuters — EU member states backed a plan on Wednesday to combat antimicrobial resistance, an increasing global health issue, that would reduce the use of antibiotics in the food chain and limit certain drugs to humans. Antimicrobial resistance threatens the effectiveness of medicines such as antibiotics to treat infections in humans, as bacteria

(Video screengrab from Mapaq.gouv.qc.ca)

Quebec ag minister won’t run again

By GFM Network News, Manitoba Co-operator Staff June 8, 2018

With just under four months before the province’s next election, Quebec’s current minister of agriculture, food and fisheries won’t be in the running. Laurent Lessard ended weeks of speculation Friday when he announced he won’t seek a sixth term as the MNA for Lotbiniere-Frontenac. In a statement on Facebook, Lessard, 55, thanked his constituents for

Ontario ag minister downed in Tories’ election win

By GFM Network News, Manitoba Co-operator Staff June 8, 2018

The Ontario Liberals’ minister of agriculture, food and rural affairs is among the election-night casualties as the province’s Progressive Conservatives get set to form a majority government. As of midnight CT Friday, Doug Ford’s Tories were elected or leading in 76 of 124 ridings, followed by Andrea Horwath’s New Democrats in 40 and Kathleen Wynne’s

Daily Network News

USDA defends $12 billion subsidy amid farm economy challenges

Canada December retail sales down 0.4 per cent; seen up 1.5 per cent in January

Feed Grains Weekly: Domestic prices remain flat

Eggs

World’s ‘affection’ for Canada will help in trade diversification: Carr

National job vacancy rate increases in ag sector

Beef, eggs, feed fatten Cargill’s profits

Tim Hortons to enter China

Consider hedging against rate hikes, farmers advised

Trump says ‘getting there’ in NAFTA talks

Canada says agreed with U.S. to keep NAFTA alive, no talks set

EU backs plan to tackle antimicrobial resistance

Quebec ag minister won’t run again

Ontario ag minister downed in Tories’ election win

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