GFM Network News





U.S. set to widen trade war on EU front

London/Brussels/Washington | Reuters — The United States won approval on Wednesday to impose import tariffs on US$7.5 billion worth of European aircraft and agricultural goods over illegal EU subsidies handed to Airbus, threatening to trigger a tit-for-tat transatlantic trade war as the global economy falters. The decision by the World Trade Organization pushes a 15-year […] Read more

Global wheat production to decrease, USDA says

MarketsFarm — In the latest supply and demand report from U.S. Department of Agriculture (USDA), the global wheat forecast was revised downward due to difficult weather conditions. USDA has now projected 765.53 million tonnes of wheat to be produced in 2019-20, according to the department’s world agriculture supply and demand estimates (WASDE), released Thursday. That’s […] Read more





British food lobby warns of food shortages from no-deal Brexit

London | Reuters — Britain will experience shortages of some fresh foods for weeks or even months if a disorderly no-deal Brexit leaves perishable produce rotting in lorries at ports, Britain’s food and drink lobby warned on Wednesday. Retailers such as Tesco have warned that leaving the European Union on Oct. 31 without a transition […] Read more

Canada, EU agree to swine fever zoning rules

Canada and Europe have agreed to new zoning arrangements in a case of African swine fever outbreak, but it’s not clear what will actually change. The agreement, which Agriculture Minister Marie-Claude Bibeau announced Wednesday. would allow for safe trade of swine products from disease-free zones if a case of ASF is found. Zoning principles applying […] Read more


U.S., Canada, 14 others slam EU farm product regulation at WTO

Geneva | Reuters — The United States and 15 other countries launched a broadside of criticism at the European Union on Thursday, saying its “hazard-based” approach to regulating pesticides and other “critical tools” used by farmers was damaging livelihoods worldwide. Their statement, submitted to the World Trade Organization, said the EU’s approach created great uncertainty […] Read more