Ottawa | Reuters — The Canadian government wants to expand an emergency wage subsidy program so that all businesses suffering losses from the COVID-19 outbreak will benefit, Finance Minister Bill Morneau said on Friday. Morneau told a news conference that Ottawa would drop an earlier requirement stipulating that businesses needed to show a 30 per […] Read more
Tag Archives Coronavirus
Feds proposing to expand wage subsidy program
U.S. livestock: Live cattle end steady to firmer
Lean hogs dip after weekly advances
Chicago | Reuters — U.S. live cattle futures closed steady to firm on Friday, stabilizing after a two-session rally attributed to speculative buying and signs that meat packers may have worked through much of a backlog of market-ready cattle, traders said. Chicago Mercantile Exchange (CME) August live cattle futures settled unchanged at 103.275 cents/lb. and […] Read more
Non-essential travel limits extended at U.S. borders with Canada, Mexico
Washington/Ottawa | Reuters — Restrictions on non-essential travel at U.S. land borders with Canada and Mexico will be extended through Aug. 21, Canada and the United States announced Thursday. “Canada and the United States have agreed to extend the current border measures by one month until Aug. 21, and we’re going to keep working closely […] Read more
Ontario to insure for crop loss due to lack of labour
AgriInsurance offering hailed as a first in Canada
Ontario’s federal/provincial AgriInsurance program has been temporarily expanded to include coronavirus-related labour shortages as a covered cause for crop loss. Producers already enrolled in an eligible production insurance plan and hit by crop losses due to labour disruptions during the 2020 growing season will be able to get further insurance coverage, the Ontario and federal […] Read more
China’s slower meat imports seen worsening its protein shortage
Beijing | Reuters — China’s dwindling pace of meat imports, thanks to its tough measures against coronavirus contamination, will provide further support for prices already buoyed by a severe shortage of pork, analysts said. Purchases of pork and other meats have soared this year after domestic production shrank 30 per cent following an outbreak of […] Read more
U.S. livestock: Large supplies push cattle, hogs mostly lower
Over 17,000 cases of COVID in packing plant workers, U.S. CDC reports
Chicago | Reuters — U.S. cattle and hog futures ended mostly lower on Tuesday under pressure from large supplies, analysts said. Live cattle futures retreated a day after nearing a two-month high, while feeder cattle pulled back after reaching their highest price in month than a month on Monday. “We’ve gotten a bit overbought on […] Read more
China suspends beef imports from Cargill plant
High River plant on long list of blocked facilities
China has temporarily suspended imports of beef from Cargill’s major beef packing plant at High River, Alta., part of a long list of meat plants blocked in the last half of June. The Reuters news service on Monday published a list of meat packing plants from around the world which during June and early July […] Read more
Ontario investigating 17 temp agencies after virus outbreaks on farms
"We stand firm against exploitation in our province"
Toronto/Winnipeg | Reuters — Ontario is investigating 17 temporary recruitment agencies, the province’s labour ministry said, after health officials warned that agencies that move workers from farm to farm could be contributing to COVID-19 outbreaks. Canadian farms rely on some 60,000 people who come to Canada on temporary work permits every year, typically living and […] Read more
U.S. livestock: Live cattle futures rise on new-month buying
Hogs mostly down on concerns over supplies, demand
Chicago | Reuters — U.S. live cattle futures closed higher on Wednesday on what appeared to be technical and speculative buying at the start of a new month and quarter, analysts said. Yet the benchmark August live cattle contract on the Chicago Mercantile Exchange remained rangebound, with rallies capped by weak beef prices as slaughterhouses […] Read more
CUSMA pact takes effect under cloud of disputes, COVID-19
Deal appears to assure continuity of trade for agriculture
Washington/Mexico City/Ottawa | Reuters — A modernized U.S.-Mexico-Canada trade pact took effect on Wednesday, ensuring continuity for manufacturers and agriculture, but the threat of disputes is exposing cracks in what was meant to be a stronger North American fortress of competitiveness. As the deal kicks in, the Trump administration is threatening Canada with new aluminum […] Read more