GFM Network News


Major grain traders’ e-transaction platform gets name

The blockchain-based global commodity transaction platform being developed by six of the world’s biggest agrifood firms is moving ahead with a new name and project leader. The six companies — ADM, Bunge, Cargill, Louis Dreyfus, Cofco and Glencore Agriculture — announced Wednesday the project will be named Covantis, and have hired former ADM executive Stefano […] Read more



Pattison to shut one Saskatchewan Deere dealership

Pattison Agriculture’s chain of Deere ag equipment dealerships in Saskatchewan and Manitoba is preparing to cut one link. The Prairie farm equipment sales and service arm of B.C.’s Jim Pattison Group announced Tuesday on its website and social media it will permanently close its dealership at Foam Lake, Sask. effective Dec. 31. The Pattison store […] Read more

Grain World: Geopolitics is back dominating global relations

Saskatoon | MarketsFarm — Geopolitics is again shaping the international scene, including China, Jason Shapiro explained here Thursday at the Grain World conference. Geopolitics, he said, resulted in catastrophic global wars and generated very little peace for close to a century. Shapiro, director of analysis for Geopolitical Futures — an Austin, Tex.-based international risk analysis […] Read more


KFC tests plant-based ‘fried chicken’ in Ontario

Fast-food chicken chain KFC is collecting feedback from a one-day, one-store test of a new Canadian-made plant-based “fried chicken” product for the Canadian market. The Canadian arm of the Yum Brands-owned chain set up a “limited” test run for what it calls KFC Plant-Based Fried Chicken at its 6055 Creditview Rd. store in Mississauga, Ont. […] Read more

Nutrien potash mine idled despite rail strike’s end

Plans by the world’s largest ag inputs provider to temporarily idle its biggest potash mine in view of the Canadian National Railway strike will proceed, even as CN goes back to work. Saskatoon-based Nutrien announced Monday it “will be forced to curtail production” at its Rocanville, Sask. mine due to the CN rail strike. The […] Read more


What keeps you awake at night? A recent survey of farmers found things such as marketing and working capital rank up there with production concerns.

Modern farming produces a bumper crop of worries

More than 1,300 farmers were asked about their top concerns — and it’s a long list

What’s your biggest worry? Weather? Yield? Disease or pests? It’s actually selling what you produce, according to a recent Farm Credit Canada survey. The survey asked 1,363 producers about their major concerns and 67 per cent had marketing on their worry list — topping both production (60 per cent) and financial (53 per cent) risks. […] Read more

CP to buy direct line through Quebec, Maine

Canadian Pacific Railway (CP) is set to buy its way back into Quebec’s Eastern Townships and through to eastern ports with a deal for Central Maine and Quebec Railway (CMQ). Calgary-based CP announced Wednesday it has a deal with CMQ’s owner, Fortress Transportation and Infrastructure Investors (FTAI), to buy the railway’s 774 km of rail […] Read more


Propane shortage looms as CN strike hits third day

Winnipeg/Ottawa | Reuters — Shippers scrambled to shift freight onto trucks on Thursday as a strike at Canada’s biggest railroad, Canadian National Railway, hit its third day, leaving the critical fuel propane and other goods stranded. Some 3,200 unionized employees, including conductors and yard workers, hit picket lines on Tuesday in the biggest such action […] Read more

U.S. manufacturer buys control of DOT Technology

A made-in-Canada self-guiding farm equipment platform has sold control of itself to one of its U.S. investors. Sioux Falls, S.D. precision agriculture manufacturer Raven Industries announced last week it has closed its deal to buy majority ownership in Regina-based DOT Technology Corp. for an undisclosed sum. DOT said the deal will allow it to “further […] Read more