GFM Network News

Updating the handling requirements for specified risk material in processing facilities is a priority with Canada’s negligible risk designation.

Negligible risk status may mean more market access for Canadian beef

Historic designation opens doors for conversations on removing BSE-era trade restrictions for beef products, feeder cattle access and processing requirements

This spring, a difficult chapter for the Canadian beef industry came to a close after almost two decades. In late May, the World Organisation for Animal Health (OIE) Scientific Commission approved Canada as having negligible risk for bovine spongiform encephalopathy (BSE), moving from controlled risk status to the disease’s lowest risk level of transmission. This […] Read more

Canada Beef Market Intelligence Update: Imports rise in Japan

Canada Beef Market Intelligence Update: Imports rise in Japan

Japan’s imports of Canadian beef rose this spring, buoyed by increasing retail demand and expectations that American beef imports would be curbed. Japanese beef consumption remains relatively steady compared to last year’s levels, with foodservice sales anticipated to remain weak for the first half of 2021. Japan’s total beef import volumes in March were 54,200 […] Read more

The Archer Daniels Midland Co. (ADM) logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2018.
 Photo: REUTERS/Brendan McDermid

ADM quarterly profit surges amid strong U.S. corn exports to China

Reuters – U.S. grain merchant Archer-Daniels-Midland Co on Tuesday reported quarterly profit leapt 52 percent due to strong exports and oilseed crushing margins. The bigger-than-expected earnings sent shares to a two-week high and extended a recovery from the COVID-19 pandemic, which last year hurt demand for the company’s ethanol and food products. Shares were up […] Read more

U.S. President Biden made earlier comments indicating he’d be tough on China, but those actions have yet to materialize.

The Chinese situation: Questions but few new answers

Free Market Reflections with Steve Dittmer

The new administration down here started off with a rush. Incoming President Biden early issued a record number of executive orders (50+), nominated and got confirmed a few top officials and then everything else stalled while Congress wrangled over a $1.9 trillion (yes, that’s a T) supposed COVID-relief bill that mostly wasn’t. Clear messages were […] Read more

History: World Trade Problems & Opportunities

Reprinted from the April 1953 issue of Canadian Cattlemen

World Trade Problems & OpportunitiesBy Dr. Claude Isbister An address by Dr. Claude Isbister, Department of Trade and Commerce, Ottawa, before the 57th Annual Meeting of the Western Stock Growers’ Association held at Calgary, February 12, 13, 1953. ‘The Rt. Honorable James G. Gardiner, Canada’s Minister of Agriculture, has just spoken to you of the […] Read more

Comment: Still America first

Updated March 11 Depending on your political persuasion, you likely watched President Joe Biden’s inauguration in January with relief, worry or some mix of the two. Will we see a more protectionist U.S. government? Will Biden restore capacity at the World Trade Organization (WTO)? What will the mood be of our largest trading partner and […] Read more

Incoming WTO director-general Ngozi Okonjo-Iweala takes part in an online meeting before speaking during an interview with Reuters in Potomac, Maryland on Feb. 15, 2021. (Photo: Reuters/Joshua Roberts)

Nigeria’s Okonjo-Iweala makes history as new head of WTO

Geneva-based body leaderless for six months; Trump paralyzed some of WTO's functions

Geneva/Washington | Reuters — Three months after the Trump administration rejected her, former Nigerian finance minister Ngozi Okonjo-Iweala received unanimous backing on Monday to become the first woman and first African director-general of the World Trade Organization. A self-declared “doer” with a track record of taking on seemingly intractable problems, Okonjo-Iweala will have her work […] Read more