GFM Network News


Nutrien’s potash mine at Lanigan, Sask., about 100 km southeast of Saskatoon. (Nutrien.com)

New Nutrien CEO to carry out current strategy

Schmidt to focus on potash price over boosting sales

Winnipeg | Reuters — Canadian fertilizer and farm dealer Nutrien will continue its existing business strategy, including a focus on supporting global potash prices over maximizing sales, new CEO Mayo Schmidt said Tuesday. Surging prices of corn, soybeans and canola have given North American farmers more incentive to spend on fertilizer, lifting crop nutrient prices […] Read more

(Greg Berg photo)

Oats values hold steady at harvest

MarketsFarm — The oats market in Western Canada is holding relatively steady despite seasonal harvest pressure, although yields failed to live up to earlier expectations. “Steady at harvest time is good,” said Scott Shiels, grain procurement merchant with Grain Millers in Yorkton. Prices often dip at harvest time due to increased deliveries, he noted, but […] Read more


File photo of sheep grazing near a marijuana crop in Afghanistan’s Balkh province, north of Kabul, on Sept. 24, 2007. (Photo: Reuters/Ahmad Masood)

Blast kills at least 23 at Afghanistan livestock market

Area shelled in clashes between government forces, Taliban

Kabul | Reuters — At least 23 civilians were killed in Afghanistan’s southern Helmand province and dozens were wounded when rockets hit a cattle market on Monday, Afghan government and Taliban officials said. The warring sides blamed each other for the attack on the open-air weekly cattle market in Sangin district, where hundreds of villagers […] Read more

 file photo

Grain marketing: Is it time to pull the trigger?

Grain is moving, elevators are buying, and price forecasts aren’t rosy. 
Is it time to start selling this year’s crop?

Reading Time: 5 minutes Rimbey farmer Greg Service avoided the worst of the winter’s grain backlog. Although you couldn’t call him lucky — half of his acres were hailed out last year. “We got paid out by hail insurance, so cash flow wasn’t a big concern,” he said. “Mother Nature did my marketing for me.” So far, this year’s […] Read more