GFM Network News


Gay Lea buys Ontario artisanal cheesemaker

Another storied eastern Ontario artisanal cheesemaker is set to go co-op. Gay Lea Foods, billed as Ontario’s biggest and Canada’s second-biggest dairy co-operative, announced a deal Wednesday to buy Black River Cheese Co. effective June 1 for an undisclosed sum. Based in Prince Edward County at Milford, about 45 km southeast of Belleville, Black River […] Read more

(Dave Bedard photo)

Cargill’s Q2 profit drops amid commodities slump

Chicago | Reuters –– Slumping commodities prices and weak demand in some markets took their toll on profits for global commodities trader Cargill in the quarter ending Nov. 30, sending earnings and revenue down 13 per cent and 10 per cent, respectively. Privately held Cargill, celebrating its 150th birthday this year, is in the midst […] Read more