GFM Network News

Bunge sells stake in U.S. ethanol plant

Bunge has ended its 13-year ownership interest in an Iowa ethanol plant, the company said on Jan. 2, following industry struggles with thin margins and overproduction. Southwest Iowa Renewable Energy, or SIRE, repurchased Bunge’s stake in the facility on Dec. 31, according to a statement. U.S. ethanol producers say the industry has suffered from the

Maple Leaf workers still waiting on agreement as clock counts down

The collective agreement for workers at Maple Leaf Foods’ Brandon plant is set to expire Dec. 31

The clock is ticking for negotiators to come up with a new collective agreement for workers at Brandon’s Maple Leaf Foods plant. The United Food and Commercial Workers Local 832 has been in negotiations with the company since June. The collective agreement between Maple Leaf Foods and the 1,900 workers represented by the union is

CP Rail says closer collaboration with shippers helps it manage the challenging winter season while moving more grain than ever before.

CP Rail sets back-to-back grain-shipping records

That’s good news because there’s an above-normal amount of grain to move 
despite harvest delays

CP Rail moved a record amount of grain in November, beating its previous record set in October. Meanwhile, CN Rail is gearing up its grain shipping after an eight-day strike resulted in delivering just 2,015 of the 5,409 cars elevator companies ordered for week 16 (Nov. 17 to 23) of the current crop year. The

Australian terminal deal passes major regulatory hurdle

The deal is a precursor to a ‘demerger’ of GrainCorp’s malt division

Reuters – Two of Australia’s largest grain handlers are one important step closer to a key asset sale. GrainCorp passed a major regulatory hurdle November 15 to sell its Australian bulk liquid terminals business to ANZ Terminals, propelling its shares around eight per cent higher. The clearance from the Australian Competition and Consumer Commission (ACCC)

Corteva signals hit from delayed planting in Brazil, slowing China

Reuters – Corteva Inc said on Thursday demand for grains and oilseeds could be hit by a delayed soybean planting in Brazil and cooling growth in China and emerging economies, sending its shares down 8 percent. Persistent dry weather has pushed out soybean planting and the use of crop protection products in Brazil, the world’s top

Jean-Philippe Azoulay is Roquette's new vice president.

Roquette appoints new vice president

Jean-Philippe Azoulay will help the company consolidate as a pioneer of plant protein, CEO says

Plant-protein giant Roquette has appointed a new vice president, the company announced September 19. Jean-Philippe Azoulay will serve as vice president of the group’s pea and new proteins business line, which the company says is key to Roquette’s global growth strategy. “I am passionate about the future of food production and about the role companies

Corteva shares rise as profit beats on international markets

Reuters – Pesticide and insecticide maker Corteva Inc’s quarterly profit beat estimates as volumes and prices in its international markets rose more than expected, sending its shares up more than 8 percent . Investors cheered Corteva’s upbeat numbers, its first after separation from DowDupont in June, as they were a rare bright spot among agricultural

Six traits of highly effective leadership

If we want to generate a higher return on investment (ROI) on our leadership, describing how leadership can be developed and characterizing why leadership is effective are all well and good, but what do highly effective leaders do? How do they behave? What fundamental abilities do they possess that enable them to achieve the kind

According to a recent survey, 66 per cent of Canadians have used self-checkout lanes at some point.

Comment: A painful experience

Why self-checkouts at the grocery store never seem to work properly

Some Canadians detest going to the grocery store. It’s repetitive, tiring, and quite unpleasant at times, especially when the store is busy. Picking up groceries and lugging them back home is work, something most would rather avoid. On the other hand, many of us do enjoy visiting food stores and discovering new products or new

Canola council’s new priorities aimed at efficiency, effectiveness

Market access and production still top the list, while changes are coming to promotion, agronomy and funding

The Canola Council of Canada has slashed its budget by 40 per cent for the upcoming year. The organization is revamping its priorities to be more effective and efficient in growing Canadian canola markets and production. The changes, which include a shift in canola promotion, the council’s role in agronomy and funding, received unanimous support