GFM Network News


File photo of the Port of Montreal. (Guy Banville/iStock/Getty Images)

Canada concerned about supply chain issues, watching ports ‘closely’

Reuters –– Canada is concerned about the challenges facing global supply chains and is watching the country’s ports very closely, Finance Minister Chrystia Freeland said on Thursday. Freeland, speaking to reporters in Washington after meetings of the World Bank and International Monetary Fund, said she was broadly optimistic about the strength of Canada’s economic recovery […] Read more

A beefy economic contribution

A beefy economic contribution

Reading Time: < 1 minute The economic importance of the beef sector can’t be determined just by looking at farm cash receipts, says Canfax. A new study adds in “direct, indirect and induced impacts” that flow from cattle production. “For Canada in the 2018-20 period, the cattle sector had $51.6 billion in goods and sales, contributed $21.8 billion to gross […] Read more


Canola was the star, but grains and pulses also propelled farm incomes on the Prairies last year.

A great year for the bottom line of grain farmers

Farm income rose by half a billion in Alberta last year — although our neighbour did even better

Reading Time: 3 minutes Farm income in Alberta took a hefty jump last year, but nothing compared to our next-door neighbour. Net cash income rose by 15 per cent in Alberta to $3.9 billion, which is a $447-million increase from 2019. But in Saskatchewan, net cash income skyrocketed to $6.4 billion — a whopping 78 per cent increase of […] Read more

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Cattle, hog futures down on big supplies, economic jitters

Surge in U.S. COVID-19 cases rattles Wall Street

Chicago | Reuters — U.S. cattle futures eased on Wednesday and hog futures were mostly lower on ample livestock supplies and concerns about rising coronavirus infections and their negative impact on the economy. Wall Street’s three major indexes tumbled on Wednesday and crude oil plunged more than five per cent as a surge in U.S. […] Read more


Green Party leader Elizabeth May walks off the set past moderator Paul Wells (l), Conservative leader Andrew Scheer and New Democratic Party (NDP) leader Jagmeet Singh after the Maclean’s/Citytv leaders’ debate in Toronto on Sept. 12, 2019. (Pool photo: Frank Gunn via Reuters)

Election 2019: Ag groups want the parties to pay attention

MarketsFarm — Two major national farm organizations want the political parties to pay more attention to agriculture as the federal election continues. However, the Canadian Federation of Agriculture (CFA) and the National Farmers Union (NFU) have somewhat different takes as to what they see as paramount. “It’s really important that we uphold the quality of […] Read more



A drop in agriculture’s contribution to the economy was largely attributed to poor weather.

Agriculture continues to boost Alberta economy

Reading Time: < 1 minute Primary agriculture along with food and beverage manufacturing pumped $8.5 billion into Alberta’s economy in 2018, but was little changed from a year earlier. The GDP for the province’s primary agriculture industry declined 3.3 per cent to $5.2 billion, while food and beverage manufacturing rose 3.3 per cent to $3.4 billion in 2018, said Jean […] Read more

The price of Alberta farmland jumped another 7.4 per cent last year, says FCC. But that’s the smallest increase in a decade and the price increase this year may only be half that, says the ag lender.

Red-hot land market shows signs of cooling

Prices have soared for nearly a decade but that trend may be coming to an end

Reading Time: 4 minutes The price of Alberta farmland took another big jump last year — but there are strong signs the red-hot bull market is finally cooling off. Overall, Canadian acres saw their smallest price increase in nearly a decade, and the amount of land changing hands dropped as many would-be buyers either stayed on the sidelines or […] Read more


The big-picture economic view of the coming year is like the satellite one — a bit hazy, a bit turbulent, 
but not bad overall.

Buckle up: Here’s your economic forecast for 2019

Canada’s top ag economist has the lowdown on the economy, trade, interest rates, and your income

Reading Time: 4 minutes What’s the forecast for Canadian ag? How about murky with a good chance of turbulence? ‘Headwinds’ was the phrase du jour when the country’s foremost ag economist came by FarmTech late last month. “There are lots of good things going on in the industry, but lots of headwinds as well — trade tensions, weather, excess […] Read more

Is it time to shift the power from agricultural pricing based on USDA data to Canadian data?

Data is too important to be left in the hands of others

Canada relies on the U.S for critical agricultural data, and that leaves us extraordinarily vulnerable

Reading Time: 3 minutes Vulnerability is a word that I have taken to heart a lot in the past few years. We are vulnerable when we change, or seek change; vulnerable when we are left open to volatile weather or markets; and in agriculture, we are extraordinarily vulnerable when we are without data. The partial shutdown of the U.S. […] Read more