GFM Network News

World’s ‘affection’ for Canada will help in trade diversification: Carr

Ottawa | Reuters — There is “an awful lot of affection for Canada” around the world that will help the government’s push to diversify exports away from the United States, the country’s new trade minister said on Thursday, as ties with Washington become more strained. Winnipeg MP Jim Carr, previously the minister for natural resources, […] Read more

Trump’s tariff war threatens to erode support of farmers

Chicago | Reuters — President Donald Trump’s tariff battle with key buyers of U.S. apples, soybeans and corn threatens the support of some of his biggest backers — U.S. farmers now seeing their livelihoods in jeopardy. Farmers overwhelmingly supported Trump in the 2016 election, welcoming how he championed rural economies and vowed to repeal estate […] Read more

U.S. meat groups fear for market growth with China beef tariff hike

Chicago | Reuters — China’s proposal on Wednesday for tariffs on U.S. beef confirmed the worst-case scenario for the U.S. cattle industry, trade groups said Wednesday, even as they remained hopeful the dispute could be resolved quickly. China listed U.S. goods from soybeans to beef that could potentially incur a 25 per cent import tariff […] Read more

Soaring river freight hits U.S. farmers

Chicago | Reuters — U.S. farmers are running out of options for their just-harvested corn and soybeans as delays on the Mississippi River, the main conduit for crops to export markets, cause shipping backlogs, while grain storage on the river’s banks is filling up. Low river levels and backups at aging locks have slowed navigation […] Read more

U.S. ethanol expected to be competitive in 2017

San Diego | CNS Canada –– Weaker commodity prices and less international competition are expected to lend demand and profitability to the U.S. ethanol market in 2017, one analyst says. But changing political and policy environments — in the U.S. and abroad — add an element of uncertainty to the market, and the potential to […] Read more

CCA Report: More market access for Canadian beef

From the October 24, 2016 issue of Canadian Cattlemen

There have been a number of great successes in breaking down barriers in international markets recently that beef producers should take stock of. In September, Chinese Premier Li Keqiang met in Ottawa with Prime Minister Justin Trudeau and announced that China will allow bone-in Canadian beef from cattle under 30 months of age (UTM) effective […] Read more

Demand for ground beef is unprecedented and gourmet hamburger chains are popping up across North America.

CCA Report: An update on Canada’s beef trade

From the May 2015 issue of Canadian Cattlemen

Calving season is well underway and I am feeling very optimistic about the future. Prices, which seem to reach new market highs for all classes of cattle each week, are part of the reason. A global shortage of beef, largely due to prolonged and widespread drought, has pushed the U.S. cattle herd to a 50-year […] Read more

We need a shift when it comes to international trade

The disappointment in the financial performance of China is almost palatable in the West. With Chinese banks badly indebted and infrastructure in disarray, the nearly religious adoration that Canada unabashedly displayed in every public and policy corner has somewhat quieted. Volatility in the world markets driven by the widespread underlying dissolving of currency value and […] Read more