GFM Network News


File photo of a container vessel being unloaded at a U.K. port. (Sterling750/iStock/Getty Images)

Britain begins negotiations to join Trans-Pacific pact

London | Reuters — Britain will begin negotiations on Tuesday to join a trans-Pacific trade deal that it sees as crucial to its post-Brexit pivot away from Europe and toward geographically more distant but faster-growing economies. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) removes 95 per cent of tariffs between its members: Japan,

File photo of containers at a seaport in Jakarta. (Leolintang/iStock/Getty Images)

Canada, Indonesia launch trade pact talks

First round of negotiations expected later this year

Canada has formally declared it will start negotiations this year on a trade pact with Indonesia, a move ag exporters hope will stabilize and strengthen their market access to the Asia-Pacific region. Canada’s Trade Minister Mary Ng and her Indonesian counterpart Muhammad Lutfi on Sunday declared the launch of negotiations on a comprehensive economic partnership


Nutrien’s potash mine near Rocanville, Sask. (Nutrien.com)

Nutrien to further bump up potash output

'Continued tightening' in market cited as potash producer Belarus sanctioned

Winnipeg | Reuters — Canadian fertilizer producer Nutrien said Monday it would boost its 2021 potash output by 500,000 tonnes, after the European Union and others imposed new trade sanctions on Belarus. Nutrien’s increase takes its potash sales outlook this year to a record-high range of 13.3 million to 13.8 million tonnes, and follows a

CME August 2021 lean hogs (candlesticks) with 20- and 50-day moving averages (pink and brown lines) and August 2021 live cattle (red line). (Barchart)

U.S. livestock: Hogs drop on weaker pork, falling prices in China

Live cattle down with cash beef prices; feeder cattle up as corn eases

Chicago | Reuters — U.S. lean hog futures fell sharply on Monday, continuing a retreat from multi-year highs set earlier this month as cash pork prices dropped and worries increased about Chinese import demand for U.S. pork. Technical selling and profit-taking have sped the multi-session decline after the actively traded Chicago Mercantile Exchange August lean


CBOT July 2021 soybeans (candlesticks) with Bollinger bands (20,2) and November 2021 soybeans (yellow line). (Barchart)

U.S. grains: Soybeans firm on long-term forecast, China demand

Wheat mixed on winter crop harvest, spring wheat drought

Chicago | Reuters — U.S. soybean futures advanced on Monday on renewed buying by China and as concerns lingered about dry conditions in western portions of the Midwest farm belt despite scattered storms over the weekend. Corn futures were mostly lower as rain in the central corn belt boosted crop prospects, while wheat was mixed

A hawk on a fence post in Saskatchewan’s Qu’Appelle Valley. (Bobloblaw/iStock/Getty Images)

Indigenous-led ag projects get federal funding

Funding to support business planning and other studies

Sixteen projects to help support Indigenous-led food system initiatives will receive $4 million from the federal government. “Our government is working to create a more inclusive agriculture sector that respects the values of Indigenous Peoples,” Agriculture Minister Marie Claude Bibeau said in a statement Friday. “These investments are intended to ensure that Indigenous Peoples have


Two Raven OMNiPower (formerly DOT) machines at work in the field. (RavenPrecision.com)

CNH to buy Raven Industries

Heavy equipment maker to pay US$2.1 billion for precision ag firm

The parent company behind Case IH, New Holland, Flexi-Coil and Steyr farm equipment is set to absorb a significant U.S. supplier of precision ag tech to its product lines and others. CNH Industrial on Monday announced a friendly all-cash agreement to buy up all shares in Sioux Falls, South Dakota-based Raven Industries for about US$2.1

A vineyard at Naramata in B.C.’s Okanagan Valley. (File photo by Dave Bedard)

B.C. again waives ag income threshold for farm properties

Some farms otherwise risked property tax reclassification

British Columbia farmers who’ve taken pandemic-induced losses in farm income will be able to keep their farm properties classified as such for another tax year. The province on Monday announced that for the second year running, it will waive the minimum farm income thresholds normally required for B.C. properties to be classified as farms for


Flea beetles in canola seedlings. (Canola Council of Canada video screengrab via YouTube)

Flea beetles a nuisance for canola crop

MarketsFarm — Western Canada’s canola crop has been hit hard by hot, dry weather so far this growing season in the midst of ongoing drought conditions — which may also be aiding another threat. Across the Prairies, flea beetles are an oft-seen pest whose larvae feed on both canola and mustard seedlings, damaging crops and,



AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending June 18, 2021.

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