GFM Network News


U.S. sees progress on China trade deal’s ag provisions

China makes first U.S. hard red wheat buy since 2017

Washington | Reuters — The U.S. and China have made progress in implementing the agriculture-related provisions of their Phase One trade deal that took effect on Feb. 14, the U.S. Department of Agriculture (USDA) and U.S. Trade Representative said on Tuesday. In a joint statement, they listed a number of steps taken that should help […] Read more



U.S., China reset trade relationship with Phase One agreement

Washington | Reuters — The United States and China announced an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. goods and services, defusing an 18-month conflict between the world’s two largest economies. Beijing and Washington have portrayed their “Phase One” agreement as a momentous step after […] Read more

U.S. farmers suffer ‘body blow’ as China slams door on farm purchases

Beijing | Reuters — Chinese companies have stopped buying U.S. agricultural products, China’s commerce ministry said on Tuesday, a blow to U.S. farmers who have already seen their exports slashed by the more than year-old trade war. China may impose additional tariffs on U.S. farm products bought shortly before the purchase ban took effect, China’s […] Read more


Canada gearing up to slap more tariffs on U.S. imports

Canada will update its list of U.S. imports, including farm products, on which it will place tariffs in retaliation to U.S. tariffs on imported Canadian steel and aluminum, David MacNaughton, Canada’s ambassador to the United States, said Monday. “The intention… is not to escalate anything but simply to do what we said we’d do — […] Read more

Alberta to buy rail cars for oil

Ottawa | Reuters — The Alberta government is in talks to buy rail cars to transport 120,000 barrels per day of crude oil and expects a deal to conclude within weeks, Premier Rachel Notley said Wednesday, as the province takes actions to move oil stuck in the region because of a lack of pipeline capacity. […] Read more



The four factors that are changing agriculture

Don’t look back, the world is changing far too fast, says an American author and farmer

If you’re not ready to adapt and communicate with the public, you could lose your place in agriculture. “In agriculture, we tend to hang on to the best of the past,” said Jolene Brown, farmer, author and well-known speaker. “You’ve all heard the phrase, ‘If you always do what you’ve always done, you will get […] Read more


Viterra results offset Glencore’s improved year-end

Commodity giant Glencore’s efforts to ratchet down its debts paid off in fiscal 2016 — though “challenges” weighed on the ledger for its Viterra grain handling arm. Swiss-based Glencore on Thursday released preliminary results for 2016, booking net income attributable to equity holders of $1.379 billion on $152.948 billion in revenues, up from an $8.114 […] Read more