GFM Network News


Calgary to step out of Federated Co-op grocery system

Calgary Co-op’s grocery business plans to get all its goods from suppliers other than Federated Co-operatives (FCL) starting in April next year. Saskatoon-based FCL said Thursday it had received notice from Calgary Co-operative Association that it would “discontinue the procurement of all products for their grocery stores from FCL” at that time. The Saskatoon StarPhoenix […] Read more

Canada’s realized net farm income way down in 2018

Stagnant farm cash receipts against significant increases in feed, fuel and interest costs have led to Canada’s biggest decline in realized net farm income in over a decade. That’s according to Statistics Canada, which on Tuesday released full-year farm income data for 2018, pegging realized net farm income for the year at $3.9 billion, down […] Read more


Prairie grain freight cost index adjusted upward

Corrected, May 6, 2019 — Canada’s big two railways can expect a small raise in the amount of revenue they get to keep from hauling Prairie grain in the coming crop year. The Canadian Transportation Agency (CTA) on Tuesday announced it will set the volume-related composite price index (VRCPI) at 1.4371 for Canadian National Railway […] Read more

Expanding E15 sales would have limited U.S. market impact, analysts say

Chicago | Reuters — The Trump administration’s plan to allow year-round sales of higher-grade corn ethanol would have limited impact on the depressed U.S. ethanol market, with record supplies and prices for the fuel hovering near the lowest in a decade, analysts said. President Donald Trump announced the decision last week ahead of a campaign […] Read more


Dwindling diesel supplies could boost price

CNS Canada — Strong global demand and a looming North American harvest could send diesel prices higher in coming months. According to one energy analyst in Chicago, farmers may want to buy some fuel before prices get too high. “We’re telling our people to hedge some of your exposure, because we do think that, barring […] Read more

Diesel prices to start edging up in 2017

Commodity News Service Canada – An improving U.S. economy and a global deal to limit oil production should give diesel prices a boost in the coming year. “We’ve been blessed with low diesel prices the past few years but we’re probably looking at higher prices in the New Year,” said Phil Flynn of Price Futures […] Read more