Reuters — Conagra Brands put better-than-expected first quarter sales on Thursday down to heavy ordering by retailers worried about the durability of supply chains in the months ahead as a second wave of coronavirus cases takes hold. Shares in the foodstuffs maker dipped as much as three per cent before recovering after chief financial officer […] Read more
Tag Archives pandemic — page 12
Food retail order boom may ease after big quarter, Conagra says
Ginseng piling up in Canada despite Chinese demand
Travel restrictions depress new-crop sales
Winnipeg/Hong Kong | Reuters — The pandemic’s crushing effect on international travel has grounded Canadian exports of ginseng, a root widely used in Asia to treat everything from the common cold to impotency, at a time when health is top of consumers’ minds. Canada is the world’s second-largest ginseng exporter after China, with most of […] Read more
Plant-based protein maker Roquette sees short-term COVID-19 impact
Demand could accelerate second Canadian plant
Paris | Reuters — The plant-based protein market has seen a slowdown in new product launches and lower sales in restaurants and cafeterias due to COVID-19 but benefited from more people cooking at home and trying new products, French manufacturer Roquette said. The market for plant-based protein such as meat-free burgers has surged in the […] Read more
Saskatchewan extends WLPIP premium rebate if needed
Rebate to offset premium prices, if above pre-COVID levels
Saskatchewan’s temporary subsidy against price jumps in premiums for the Western Livestock Price Insurance Program (WLPIP) will continue when needed to the end of 2020. Saskatchewan Crop Insurance Corp. (SCIC), which administers the program in that province, announced Tuesday the WLPIP premium rebate is extended to Dec. 31, from its previous end date of Sept. […] Read more
WTO committee looks at COVID-19 farm measures
Some regions bumped their agricultural subsidies during the pandemic
Glacier FarmMedia – Canada and other countries are calling for more transparency of farm measures taken by members during COVID-19. During a July 28 meeting of the World Trade Organization’s (WTO) Committee on Agriculture, some countries questioned how the international community can better monitor each country’s response to the pandemic through agricultural policies. Australia introduced […] Read more
Olymel’s Red Deer plant holds at one COVID case
Pork plant employee's contacts returning to work
A production line employee at Olymel’s hog slaughter plant at Red Deer, Alta. remains the facility’s lone COVID-19 case after her contacts at the plant tested negative for the virus, the company says. Olymel, the meat packing arm of Quebec ag co-operative Sollio, confirmed the lone COVID-19 case at its Red Deer site on Aug. […] Read more
Brandon pork plant’s exports to China suspended
Chinese protocols call for temporary pause, Maple Leaf says
New Chinese rules for exporters and a number of COVID-19 cases among its workers have led Maple Leaf Foods to temporarily halt pork traffic to China from its biggest hog plant. The company said Tuesday it has “temporarily suspended pork exports to China on a voluntary basis due to recent protocols adopted by the Chinese […] Read more
Red Deer hog plant books first COVID case
One employee confirmed with virus, 13 isolating as precaution, company says
A major Prairie hog slaughter and processing plant relatively untouched by the COVID-19 pandemic has marked its first case of the coronavirus in a production line worker. Olymel, the meat packing arm of Quebec ag co-operative Sollio, said an employee who reported for work Monday last week at its Red Deer, Alta. plant began showing […] Read more
JBS to resume U.S. share listing plan after COVID-19 fallout
Management looking also for US$100 million in cost cuts
Sao Paulo | Reuters — Brazil’s JBS SA is reviving plans to list shares on Wall Street after dealing with the COVID-19 pandemic’s fallout, CEO Gilberto Tomazoni said on Friday, as the world’s largest meatpacker reported strong quarterly results. Speaking on a conference call with analysts following the company’s second-quarter results, Tomazoni said the focus […] 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
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