GFM Network News

More News →

Archives

Crops, Markets

Aurora Cannabis to shut five Canadian grows

Closures mean layoffs for 30 per cent of firm's production staff

By ,
Edmonton marijuana producer Aurora Cannabis is poised to close five of its grow sites across Canada and lay off almost a third of its production workforce. The company on Tuesday announced next steps in the “business transformation plan” it launched in February to “better align the business financially with the current realities of the cannabis […] Read more
General, Markets

Legalization lifts Canada’s net farm income in 2019

Livestock receipts up, unsmokeable crop receipts lower

By ,
A significant year-over-year increase Canada booked last year in realized net farm income rests mainly on 2019’s status as the country’s first full year in the recreational cannabis market. Statistics Canada on Tuesday released full-year data on farm income, pegging Canada’s realized net farm income for 2019 at $4.9 billion — a 10.4 per cent […] Read more
General, Markets, Reuters, Weather

EU plans to halve pesticide use, expand organic farming

By , ,
Brussels | Reuters — The European Commission said on Wednesday it planned to increase organic farming and cut agricultural chemical use to protect the environment, proposals welcomed by green groups but which farmers said would make them less flexible. Agriculture is a contributor to climate change – producing around 10 per cent of EU greenhouse […] Read more
General, Machinery, Markets

Agri-food tech expected to be a post-pandemic growth industry

Ag, food sectors may seek out more e-commerce, labour-saving tools

By ,
Ottawa — A researcher at the University of Guelph says the COVID-19 pandemic will spark agility – particularly related to technology – in agriculture. “(The pandemic) has re-emphasized the need to get access to some of the technology that exists in other sectors and are not easily accessible in agri-food systems,” said Rozita Dara, an […] Read more
Crops

Canopy Growth to close Saskatchewan pot plant

Ontario company stepping out of other international plays

By ,
A major indoor cannabis grow site at Yorkton, Sask. is the latest casualty as pot producer/retailer Canopy Growth adjusts its worldwide footprint. Smiths Falls, Ont.-based Canopy Growth, whose cannabis brands include Tweed, Tokyo Smoke, Van der Pop and Spectrum Therapeutics, announced Thursday it will shut down its Tweed Grasslands production facility at Yorkton to “further […] Read more
Crops, Reuters

Ontario drops weed from essentials list

Officials call for further intervention

By ,
Reuters — Ontario’s government on Friday removed cannabis from a list of essential businesses allowed to operate during the lockdown, as part of its efforts to further restrict contact amid a deepening coronavirus crisis. The move comes after health officials projected 80,000 COVID-19 coronavirus cases and about 1,600 deaths by month end under current policies, […] Read more
General, Markets, Reuters

U.S.-Canada border to temporarily close to nonessential travel

By ,
Washington/Ottawa | Reuters — The U.S.-Canada border will close to nonessential traffic, U.S. President Donald Trump tweeted on Wednesday, saying details on the move would be announced later but that it would not affect trade between the two countries. “We will be, by mutual consent, temporarily closing our Northern Border with Canada to non-essential traffic. […] Read more

Special Podcast Series

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending June 26, 2020.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.