GFM Network News


Nutrien’s potash mine at Lanigan, Sask., about 100 km southeast of Saskatoon. (Nutrien.com)

New Nutrien CEO to carry out current strategy

Schmidt to focus on potash price over boosting sales

Winnipeg | Reuters — Canadian fertilizer and farm dealer Nutrien will continue its existing business strategy, including a focus on supporting global potash prices over maximizing sales, new CEO Mayo Schmidt said Tuesday. Surging prices of corn, soybeans and canola have given North American farmers more incentive to spend on fertilizer, lifting crop nutrient prices

(Kansas City Southern video screengrab via YouTube)

Rail shippers pick sides as CP, CN bid for Kansas City Southern

Richardson, Conagra among firms supporting both bids

Winnipeg | Reuters — North America’s freight rail customers, from grain shippers to logistics companies, are choosing sides as Canadian Pacific Railway and Canadian National Railway fight to buy Kansas City Southern. A takeout of KCS would be the first major North American railroad combination in more than 20 years and create the first network


The proposed deal would create the first rail network spanning Canada, the U.S. and Mexico.

Continental rail deal seen boosting farm sales

Canadian Pacific buyout of Kansas City Southern rail will create first Canada-U.S.-Mexico network

Reuters – Canadian Pacific’s US$25-billion deal to buy Kansas City Southern will create a rail network from Canada to Mexico that farm groups say could smooth the flow of their goods to market. The deal, subject to approval by the U.S. Surface Transportation Board, would combine CP’s cross-Canada network, which stretches as far south as Kansas City,

Canada to limit uses of two crop chemicals

Move comes on concerns about water insects, but canola growers don’t see significant changes

Reuters – Canada’s Health Ministry said March 31 it would limit the use of two types of crop chemicals that have been linked to deaths of aquatic insects that are food for fish and birds. Health Canada’s multi-year review of clothianidin, made by Bayer AG, and thiamethoxam, a Syngenta product, found that some applications pose

A West Coast Reduction worker inspects a shipment being delivered to their location for export at the Port of Vancouver.

Renewable diesel boom highlights challenges in clean-energy transition

As the industry scrambles to meet new demand, agriculture could benefit

Reuters – For 17 years, trucker Colin Birch has been hitting the highways to collect used cooking oil from restaurants. He works for Vancouver-based renderer West Coast Reduction, which processes the grease into a material to make renewable diesel, a clean-burning road fuel. That job has recently got much harder. Birch is caught between soaring


The first crop of AppHarvest’s beefsteak tomatoes grows at its flagship farm in Morehead, Kentucky in an undated photograph.

Investors seed indoor farms as pandemic disrupts food supplies

Some see it as an environmental panacea, others as a disaster in the making

Reuters – Investors used to brush off Amin Jadavji’s pitch to buy Elevate Farms’ vertical growing technology and produce stacks of leafy greens indoors with artificial light. “They would say, ‘This is great, but it sounds like a science experiment,’” said Jadavji, CEO of Toronto-based Elevate. Now, indoor farms are positioning themselves as one of

Canadian farmers reap record profits as crop prices soar

Grains won while livestock and horticulture struggled

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 for that country’s rebuilding

Potash fertilizer producers eye surging demand

Reuters – Global sales of potash fertilizer look to hit record highs this year, helped by a spike in crop prices, but cautious North American producers are keeping a lid on supplies. Canada’s Nutrien and U.S.-based Mosaic have benefited as crop prices climbed to multi-year highs, helped by strong Chinese demand. “We believe there is


File photo of hogs in transit near Red Deer, Alta. (Stefonlinton/iStock/Getty Images)

Olymel shipping backlogged hogs to U.S.

Company-owned hogs to go south after COVID closes Red Deer plant

Winnipeg | Reuters — Olymel said Friday it was shipping pigs to the United States to help clear a backlog of hogs after it had to temporarily close its Red Deer, Alta. slaughter plant because of a coronavirus outbreak. Olymel shut the plant on Wednesday and declared force majeure — unforeseeable circumstances that prevent contract