GFM Network News


Future payouts from dairy fund still up for discussion

What happens to the rest of Canada’s eight-year, $1.75 billion funding envelope to compensate its dairy farmers for other countries’ gains in market access is still up for discussion, according to the federal ag minister. In a statement Wednesday, Agriculture Minister Marie-Claude Bibeau said Ottawa gets that Canadian dairy farmers want more direct payments beyond […] Read more




Supply-managed sector compensation details due before election

Federal Agriculture Minister Marie-Claude Bibeau has pledged to lay out details on trade pact compensation for supply-managed sectors before the federal election in October. The pledge comes as the federal Liberals face pressure from supply-managed sectors and the federal opposition Conservatives to deliver on compensation for access granted to the Canadian market under Canada’s free […] Read more


P.E.I. to manage deadstock removal

Prince Edward Island’s latest provincial operating budget calls for its agriculture and land department to directly manage removal of deadstock for dairy and beef cattle producers. Finance Minister Darlene Compton’s 2019-20 operating budget, presented Tuesday, said the province will take over management of the deadstock contract “to reduce the administrative burden placed on the dairy […] Read more

Parmalat’s play for Kraft cheeses clears regulators

Dairy giant Parmalat’s proposed $1.62 billion deal for Kraft Heinz’s “natural” cheese business in Canada has cleared federal antitrust regulators. The federal Competition Bureau on Thursday said it issued a “no action letter” to the two companies and would put up a position statement detailing its reasons in the “coming days.” The deal is expected […] Read more


P.E.I. dairyman named provincial ag and land minister

A Prince Edward Island dairy farmer who unseated the province’s incumbent premier on election night is the new provincial minister for agriculture and land, and for justice and public safety. Bloyce Thompson, the new Progressive Conservative MLA for the district of Stanhope-Marshfield, was sworn in Thursday as a member of incoming Premier Dennis King’s nine-member […] Read more

Canada’s Saputo to buy major U.K. dairy firm

A major British dairy company is poised to become the property of one of Canada’s biggest dairy processors in a $1.7 billion all-cash deal. Saputo Inc. announced Friday it has an agreement in place with Dairy Crest Group — the maker of Cathedral City cheese and Country Life butter among other major U.K. dairy brands […] Read more



Louis Dreyfus to exit dairy by mid-2019

Paris | Reuters –– Louis Dreyfus Co. said on Wednesday it would sell or wind down its small dairy business by the middle of this year as part of an overhaul to revive growth at the agricultural commodity giant. Privately-held Louis Dreyfus had previously earmarked dairy as one of several activities to be sold or […] Read more