GFM Network News



A man waves an Egyptian flag after the Ever Given, one of the world’s largest container ships, is fully floated on the Suez Canal in Egypt on March 29, 2021. (Photo: Suez Canal Authority handout via Reuters)

Pulse weekly outlook: Shipping delays aggravate growers, exporters

Montreal longshoremen's strike again possible

MarketsFarm — On top of disruptions to major supply chains and shipping routes already due to the COVID-19 pandemic, recent events are causing even more headaches for pulse exporters and growers. The six-day blockage of the Suez Canal by the grounded container ship Ever Given caused a major backup of container ships, tankers and other […] Read more


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 […] Read more

CME August 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle continue lower on unclear outlook

'Hard hill to climb' expected for lean hogs

Chicago | Reuters — U.S. live cattle futures closed lower on Wednesday as uncertainty about demand lingers, while dry conditions in the U.S. West have analysts worried about an influx of market-ready cattle in the coming weeks. “You look at pasture range and it is deteriorating very quickly,” said Ted Seifried, chief ag market strategist […] Read more


CME October 2020 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle futures hit four-month top

Lean hogs up on export news

Chicago | Reuters — Live cattle futures on the Chicago Mercantile Exchange (CME) rose on Thursday to four-month highs as steady to firmer cash cattle prices signaled that meat packers may have largely worked through a backlog of market-ready cattle that built up this spring, traders said. CME August live cattle futures settled up 1.975 […] Read more

(PorcOlymel.com)

Olymel pork plant workers take slaughter into OT

Over 800 volunteered for added shifts with charitable twist, packer says

Workers at three Olymel hog slaughter plants in Quebec volunteered for overtime shifts over the weekend to help clear the province’s backlog of market-weight hogs, the company said Saturday. Sollio’s meat packing arm said over 800 workers at its slaughter plants at Yamachiche and St-Esprit and the former F. Menard plant it now owns at […] Read more


An idle CN train is parked next to an empty Via Rail commuter station at Trenton, Ont. on Feb. 25, 2020. (Photo: Reuters/Chris Helgren)

CN starts calling back laid-off employees

"Network recovery... will take several weeks"

Montreal | Reuters — Canadian National Railway has started calling back many of the 450 workers it laid off earlier this month in Eastern Canada, when blockades crippled operations on strategic rail lines, according to a company email sent to customers Friday. Earlier this week, police made 10 arrests and cleared a blockade in eastern […] Read more

Pass Bill C-49 before Parliament breaks in June: That was KAP president Dan Mazier’s message to the Commons agriculture committee March 19 in Ottawa. (ParlVU screen shot)

Get grain moving again, KAP says

Move western grain, ASAP. That’s the blunt and urgent message Keystone Agricultural Producers (KAP) president Dan Mazier told an emergency meeting of the House of Commons’ agriculture committee Monday in Ottawa. The 2013-14 grain shipping backlog cost Western farmers around $6.5 billion and the current one will cost billions again, Mazier said. The first step […] Read more


A truck bears the logo of the Fortune brand, used by Cofco’s China Agri subsidiary to market rice and flour. (Cofco.com)

China to subsidize grain transportation, storage

Beijing | Reuters — China plans to subsidize grain transportation and storage facilities in the latest push by Beijing to modernize the world’s largest agriculture sector. Beijing will subsidize projects upgrading or building facilities to load and receive grains along main railways and ports for major waterways including the Yangtze and Pearl rivers, a document […] Read more