GFM Network News



An information label is seen on packaging for a CO2 cylinder for a fizzy drinks machine in Manchester, Britain on Sept. 20, 2021. (Photo: Reuters)/Phil Noble)

Britain tells its food industry to prepare for CO2 price shock

U.K. pays fertilizer maker CF Industries to reopen plants

London | Reuters — Britain warned its food producers on Wednesday to prepare for a 400 per cent rise in carbon dioxide prices after extending emergency state support to avert a shortage of poultry and meat triggered by soaring costs of wholesale natural gas. Natural gas prices have spiked this year as economies reopened from […] Read more


An information label is seen on packaging for a CO2 cylinder for a fizzy drinks machine in Manchester, Britain on Sept. 20, 2021. (Photo: Reuters)/Phil Noble)

U.K. meat industry warns of threat to supplies from CO2 crisis

CO2 shortage is caused by closure of fertilizer plants

London | Reuters — Some of Britain’s meat processors will run out of carbon dioxide (CO2) within five days, forcing them to halt production and impacting supplies to food retailers, the head of the industry’s lobby group warned on Monday. A jump in gas prices has forced several domestic energy suppliers out of business and […] Read more

Yara’s fertilizer terminal at Stockton, California. (Sebastian Braum photo, Yara.com)

Norway’s Yara curtails European ammonia output

Surge in price of natural gas cited

Oslo | Reuters — Norway’s Yara is curtailing ammonia production at a number of plants due to a surge in the price of natural gas, the fertilizer maker said Friday. “Record high natural gas prices in Europe are impacting ammonia production margins,” Yara said in a statement. “Including optimization of ongoing maintenance, Yara will by […] Read more


Prime Minister Justin Trudeau leaves a news conference at Rideau Cottage in Ottawa on June 25, 2021. (Photo: Reuters/Blair Gable)

Parliament rises as farm succession bill passes

Manitoba MP's private member's bill clears Senate

With the possibility of a fall election looming, MPs rose from the House of Commons on Wednesday, marking the end to a parliamentary session featuring a handful of laws impacting agriculture. Brandon-Souris MP Larry Maguire saw his private member’s bill, aimed at lowering taxes on the sales of farms and other small businesses, pass in […] Read more

(Strickke/E+/Getty Images)

Grain drying relief moving forward, one way or other

Governing Liberals telegraph plans to introduce their own measure

Despite voting against a bill to exempt certain farm fuels from the carbon tax, the governing federal Liberals say tax relief for grain drying is coming. Conservative MP Philip Lawrence’s private member’s bill C-206, An Act to amend the Greenhouse Gas Pollution Pricing Act (qualifying farming fuel), passed second reading in the House of Commons […] Read more


CME March 2021 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Cattle, hog futures sag as weather stalls slaughter pace

Chicago | Reuters — U.S. cattle and hog futures declined on Wednesday as wintry weather and power outages hampered meat-packing operations, slowing the pace of slaughter and reducing demand for market-ready animals, traders said. Chicago Mercantile Exchange April live cattle futures settled down 1.65 cents at 124.15 cents/lb., while the spot February contract ended down […] Read more

(SimonSkafar/iStock/Getty Images)

Some U.S. ethanol producers cut production to sell natural gas for profit

New York | Reuters — Sky-high U.S. natural gas prices have prompted some Midwestern ethanol producers to reduce processing in the last week, hoping instead to sell off some of their natural gas to take advantage of current high spot prices caused by the spike in cold weather, industry sources said. Ethanol margins in the […] Read more