GFM Network News


(LDC video screengrab via YouTube)

Dreyfus, others shut soy crushers in China on power curbs

'Cash is on fire'

Beijing | Reuters — Soymeal prices in China, the world’s top consumer of the animal feed ingredient, are rising after at least 20 soybean crushing plants shuttered to comply with curbs on industrial power consumption, industry participants said on Friday. Five crushing plants in the northern city of Tianjin closed this week, said Tianfeng Futures […] Read more

Yara is seeking Norwegian government funding toward switching its Porsgrunn ammonia plant’s production process to electricity by 2026. (Yara.com)

Facing green push on farm, fertilizer makers look to sea for growth

Winnipeg/Oslo | Reuters — Two of the world’s biggest fertilizer producers, CF Industries and Yara International, are seeking to cash in on the green energy transition by reconfiguring ammonia plants in the U.S. and Norway to produce clean energy to power ships. The consumption of oil for transportation is one of the top contributors to […] Read more


P.E.I. Premier Dennis King speaks Sept. 9, 2019 during an update on effects from Hurricane Dorian. (PrinceEdwardIsland.ca)

FCC to offer flexibility in hurricane-battered areas

Farm Credit Canada says it plans to help its farmer clients in Atlantic Canada work around financial pressures following Hurricane Dorian’s passage through the region over the weekend. “We won’t know the full extent of damage for some time, but we’ve already heard that some customers will likely be facing some financial hardship as a […] Read more



(OntLA.on.ca)

Ontario budget seeks tax flexibility for on-farm processing

The Ontario government has balanced its budget for the first time in since 2008 — but Thursday’s budget contained little news for agriculture and rural Ontario. Finance Minister Charles Sousa’s budget mostly highlighted agriculture programs that had already been announced, and maintains $100 million in funding for the provincial Risk Management Program, which helps offsets […] Read more

Jeff Leal, Ontario’s minister of agriculture, food and rural affairs (fourth from left), announced the new Greenhouse Competitiveness and Innovation Initiative at a greenhouse in Bowmanville, Ont. (Photo courtesy OMAFRA)

Ontario greenhouse growers get competitiveness fund

The Ontario government is putting $19 million into a new initiative to support the competitiveness of the greenhouse sector in the province. Provincial Agriculture Minister Jeff Leal announced the funding on Thursday at Link Greenhouse near Bowmanville, just east of Oshawa. The Greenhouse Competitiveness and Innovation Initiative aims to provide funding for the creation of […] Read more