Reuters — The U.S. government plans to buy milk and meat from farmers as part of an initial US$15.5 billion effort to help them weather the impact of the coronavirus […] Read more
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Tag Archives pandemic
Trump administration aims to buy milk, meat to help farmers, Perdue says
Homeland Security to ease visa rules for ag workers
ICE weekly outlook: Loonie’s rally kept canola lower
CBOT soymeal, soyoil also drag on canola
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
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
Quebec pork plant to restart at reduced pace
Olymel plant closed due to COVID-19 cases
Olymel plans to gradually bring a hog plant in Quebec’s Mauricie region out of a two-week shutdown starting Tuesday following a number of COVID-19 cases among its employees. The meat […] Read more
USDA raises corn, soy, wheat supply outlook
Ending stocks expected up on slowing export demand
Chicago | Reuters — The U.S. Agriculture Department raised its outlook for domestic supplies of corn on Thursday on expectations for reduced usage by ethanol producers, as demand for the […] Read more
Smithfield shuts South Dakota pork plant over COVID-19
Chicago | Reuters — Smithfield Foods, the world’s biggest pork processor, is temporarily closing a massive plant at Sioux Falls, S.D., the company said Thursday, after more than 80 workers […] Read more
ICE weekly outlook: Canola market floating headline to headline
MarketsFarm — The ICE Futures canola market moved lower during the week ended Wednesday, but activity was choppy as futures reacted to broad swings in global financial markets. While the […] Read more
Pandemic to delay StatsCan’s agriculture reports
MarketsFarm — Farmers, commodity traders and market analysts will have to wait a while for agriculture-related reports from Statistics Canada in 2020. The main reason for the delay is the […] Read more
Canadian, U.S. farms face crop losses on foreign worker delays
Winnipeg/Chicago | Reuters — Mandatory coronavirus quarantines of seasonal foreign workers in Canada could hurt that country’s fruit and vegetable output this year, and travel problems related to the pandemic […] Read more
Federal carbon tax rises despite opposition, pandemic
Ottawa not backing away from scheduled increases
Ottawa — The federal government has pushed ahead with an increase to the carbon tax despite continued calls from the agriculture sector for reprieve from the program. The price on […] Read more
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