MarketsFarm — A sharp drop in the Canadian dollar helped lessen the blow of the COVID-19 pandemic on the ICE Futures canola market. However, volatility and uncertainty are expected to remain the feature in the upcoming weeks. Any strength in canola “is 100 per cent the Canadian dollar and nothing else,” said Ken Ball, of […] Read more
Tag Archives pandemic — page 20
ICE weekly outlook: More virus volatility expected in canola
U.S. under pressure to keep slaughterhouses open
Chicago | Reuters — The U.S. Department of Agriculture is seeking to reassure meat producers it will keep slaughterhouses staffed with federal inspectors as fears about potential shutdowns due to the COVID-19 coronavirus hammer livestock prices and fuel concerns about food supplies, meat industry groups said on Monday. Livestock markets have been hit hard as […] Read more
U.S. grains: Corn, soy, wheat book multi-month lows
Financial markets continue to drag commodities lower
Chicago | Reuters — U.S. grain and soybean futures sank to multi-month lows on Monday on worries about the coronavirus pandemic denting the global economy and chilling end-user demand for commodities, traders said. “The fear is still that it will only get worse as the week unfolds,” said Mark Schultz, chief analyst at Northstar Commodity […] Read more
COVID-19 and farm workers: How do we manage on the farm?
Keeping up to date with COVID-19 details and recommended protocols is challenging for everyone at this time. CAHRC has created a dedicated web page with the latest information, recommendations, employee management tips, tools (posters, policies) and links to authorities. These details will help you respond to the pandemic and limit the impact and spread of […] Read more
U.S. grains: Wheat firm, corn flat as financial markets steady
CBOT soybean futures sag
Chicago | Reuters — U.S. wheat futures closed fractionally higher on Friday and corn ended flat, stabilizing as wider financial markets regained some ground after plummeting on fears of the economic fallout from the global coronavirus outbreak. But soybean futures fell, hitting life-of-contract lows as crop weather in South America improved, bolstering expectations of large […] Read more
Fraser: What will be the long-term impact of COVID-19?
Analysis: A pandemic runs the risk of driving nations further apart
As developments around the COVID-19 coronavirus change rapidly, I can’t help but speculate on the longer-term effects of it. By now, much has been made of the economic impact it — alongside the Saudi Arabia-Russia oil trade war — will have on global economies. While it’s guesswork to estimate the total impact without knowing how […] Read more
Gene-edited chickens planned in bid to halt next pandemic
London | Reuters — British scientists are developing gene-edited chickens designed to be totally resistant to flu in a new approach to trying to stop the next deadly human pandemic. The first of the transgenic chicks will be hatched later this year at the Roslin Institute at the University of Edinburgh in Scotland, said Wendy […] Read more
Proliferation of bird flu outbreaks raises pandemic risk
London | Reuters — The global spread of bird flu and the number of viral strains currently circulating and causing infections have reached unprecedented levels, raising the risk of a potential human outbreak, according to disease experts. Multiple outbreaks have been reported in poultry farms and wild flocks across Europe, Africa and Asia in the […] Read more
Mutating H7N9 bird flu may pose pandemic threat, scientists warn
London | Reuters –– A wave of H7N9 bird flu in China that has spread into people may have the potential to emerge as a pandemic strain in humans, scientists said Wednesday. The H7N9 virus, one of several strains of bird flu known to be able to infect humans, has persisted, diversified and spread in […] Read more
Cyber-Savvy Farmer
