GFM Network News

Workers sort cuts of fresh pork in a processing plant of pork producer WH Group in Zhengzhou in China’s Henan province in this file photo, taken through glass, from Nov. 24, 2017. (File photo: Reuters/Dominique Patton)

U.S. seizes pork from China on swine fever concerns

Washington | Reuters — U.S. border agents have seized around one million pounds of pork from China, a spokesman for the agency said on Friday, over suspicions that it might contain African swine flu disease which has hit Chinese pork output. Federal agents have seized the supplies over the past week in New York. “The […] Read more

(Dave Bedard photo)

Exchange’s move means ‘zero change’ on canola traders’ screens

CNS Canada — Traders who handle canola futures on the former Winnipeg Commodity Exchange see some question marks ahead as the canola futures market gets set to pack up and move to New York at the end of July, pending regulatory approval. Atlanta-based Intercontinental Exchange (ICE), which has owned Winnipeg’s ICE Futures Canada canola market […] Read more


JBS weighs suspending U.S. IPO

Sao Paulo | Reuters — Brazil’s JBS SA, the world’s biggest meatpacking company, will decide in coming days whether to suspend listing its overseas operations after a corruption scandal, newspaper Folha de S. Paulo said Monday. A person involved in the deal told Reuters last week JBS had no intention of delaying the US$1 billion […] Read more