GFM Network News


Japan resumes Canadian wheat purchases

Tokyo | Reuters — Japan’s agriculture ministry said Friday it had resumed purchases of Canadian wheat after testing showed no imports that reached the country included grain containing a genetically modified trait discovered in Alberta last summer. Japan’s agriculture ministry said it was seeking to buy 62,957 tonnes of food-quality Canada Western Red Spring (CWRS, […] Read more

Ottawa to keep revenue cap on grain shipments by rail

Ottawa | Reuters — The Canadian government introduced draft legislation on grain transportation on Tuesday that would keep in place a revenue cap on western grain that railways haul for export. The grain revenue cap, or “maximum revenue entitlement” (MRE), has been in place since 2000 and is intended to balance the market power of […] Read more



Monsanto rejects Bayer bid

Monsanto, the world’s largest seed company, has rejected Bayer AG’s US$62 billion acquisition bid as “incomplete and financially inadequate” but hasn’t slammed the door on further talks. Reuters on Tuesday quoted two unnamed sources as saying Monsanto can see the logic of combining with the German drugs and crop chemicals group, as per Bayer’s proposal […] Read more


Saskatchewan farmland off limits for pension plans next month

Reuters/Staff — New rules for buying farmland in Saskatchewan, Canada’s biggest wheat- and canola-growing province, will take effect Jan. 4, and toughen its ban on pension plans investing, the provincial government said Monday. The changes make more explicit an existing ban on pension plans and trusts from buying land and continue to limit purchases of […] Read more



Back-to-work legislation planned against possible CN strike

Canada’s Labour Minister Kellie Leitch said Wednesday the federal government plans to introduce back-to-work legislation to deal with a potential strike at Canadian National Railway (CN). “Today, our Conservative government is taking action to protect Canada’s economy and Canadian grain farmers by indicating our intention to introduce legislation to make sure CN stays on track,” […] Read more