MarketsFarm — Canola prices dropped over the last week due to a combination of factors, according to David Derwin of PI Financial in Winnipeg. The Canadian dollar was one of […] Read more
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Tag Archives COVID-19
ICE weekly outlook: Loonie’s rally kept canola lower
CBOT soymeal, soyoil also drag on canola
CBOT weekly outlook: Poor ethanol demand weighing on corn
MarketsFarm — Losses in crude oil and ethanol have weighed heavily on grain and oilseed markets, with Chicago Board of Trade corn falling to fresh contract lows Wednesday. General uncertainty […] Read more
Ontario company creates solution for COVID-19 monitoring
Farm biosecurity and traceability systems could monitor worker movement and reduce shutdowns
A Guelph start-up has developed a tool to help in the fight against COVID-19 using technology from two of its smart livestock monitoring applications. Virtual Studios founder Joel Sotomayor says […] Read more
Biofuels expect hard hit with reduced travel
Gasoline consumption decline could mean lower corn prices
Glacier FarmMedia – COVID-19 is expected to bring trouble to the biofuel sector and that is already depressing corn and other grain prices. “Biofuel producers are under desperate strain,” Emily […] Read more
‘Elbow to elbow:’ North America’s meat plant workers fall ill, walk off jobs
Supply chains struggling to keep pace with surging demand
Chicago/Winnipeg | Reuters — At a Wayne Farms chicken processing plant in Alabama, workers recently had to pay the company 10 U.S. cents a day to buy masks to protect […] Read more
Beef Farmers of Ontario ask for curb on cull sales
BFO concerned over processing 'backlogs'
Updated, April 15 — Ontario’s cattle producer organization is asking members to consider delaying sales of cull cows until market conditions “normalize.” Beef Farmers of Ontario’s board on Thursday published […] Read more
Cargill halts second shift at High River beef plant
'Additional safety measures' also in place, company says
Cargill is temporarily idling its second shift at one of Canada’s biggest beef packing plants to “minimize the impact” of the COVID-19 coronavirus. The company announced Monday it would reduce […] Read more
Cattle producers press for lower price insurance premiums
WLPIP is needed, but unused because premiums too expensive, CCA says
The Western Livestock Price Insurance Program is not functioning properly due to very high premiums and needs to be quickly revamped, says the Canadian Cattlemen’s Association. “We’re having unprecedented volatility […] Read more
Isolate from animals if you contract COVID-19
There’s not much yet known about transfer to animals, but pigs are at largest risk
Farmers with livestock should take some of the same precautions that they are taking with people in order to make sure they don’t transmit the coronavirus COVID-19 to their animals. […] Read more
Smithfield shutting South Dakota pork plant indefinitely
Major packer warns of meat shortages during pandemic
Chicago | Reuters — Smithfield Foods, the world’s biggest pork processor, said on Sunday it will shut a U.S. plant indefinitely due to a rash of coronavirus cases among employees […] Read more
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