Chicago | Reuters — U.S. farmers that grow crops including corn and soybeans will receive coronavirus assistance payments based on either half of their 2019 production or the supplies they had on hand as of Jan. 15, the government said on Tuesday. The coronavirus aid is the latest in a round of government payments that […] Read more
USDA sets coronavirus aid payments for corn, soy, wheat
Trump floats halt to U.S. cattle imports as pandemic hurts ranchers
'We have a lot of cattle in this country'
Washington/Chicago | Reuters — U.S. President Donald Trump said on Tuesday the United States should consider terminating trade deals under which it imports cattle as he looks to help U.S. ranchers hit hard by the coronavirus outbreak. The United States imports cattle from Mexico and Canada to supplement domestic supplies at lower prices and to […] Read more
Thicker international borders feared from pandemic
Economics, nationalism, and food security fears are making trade less predictable and secure
Reading Time: 3 minutes The economic fallout from the pandemic could put fresh wind into the sails of protectionists, say industry officials here. “Generally speaking, the sense is that protectionist policies and measures are here to stay,” said Greg Cherewyk, president of Pulse Canada. “There will be a point where we revert back to a more or less normal […] Read more
Alberta’s cattle producers facing a wall of worry
The situation is already grim for many, and many more are ‘questioning their future’
Reading Time: 4 minutes Alberta Beef Producers recently did something it hasn’t done since the BSE crisis nearly two decades ago — went to the government and asked for money. Ottawa responded by offering $50 million to help cover the cost of feeding cattle stranded by slaughter plant closures and slowdowns — an offer that was appreciated but disheartening, […] Read more
Canada, U.S. agree on extension for ban on non-essential travel
Ottawa | Reuters — Canada and the United States have agreed to extend a ban on non-essential travel between the two nations by another 30 days as part of the fight against the coronavirus, Prime Minister Justin Trudeau said on Tuesday. U.S. and Canadian officials had said last week it was likely that the measure […] Read more
U.S. livestock: Firm cash market lifts live cattle
Weaker pork prices, supply ideas drag on hogs
Chicago | Reuters — U.S. live cattle futures closed higher on Friday, with the front contract gaining against back months, led by higher cash cattle prices, traders said. Cash cattle traded as high as $120/cwt in the southern Plains on Friday, the U.S. Department of Agriculture said, up from trades a week earlier that ranged […] Read more
‘Learn to do by doing’ sums up 4-H pandemic response
Reading Time: 3 minutes Like many other agricultural groups, 4-H clubs have had to adapt to life under COVID-19. “When they first closed everything down, we said we were going to finish the year, no matter what, and every kid’s steer was going to get sold, no matter what,” said Murray Skippen, general leader of the Fort Saskatchewan 4-H […] Read more
Packaged-food majors see sales spike in pandemic
Big brands may benefit from larger, more secure supply chains
Reuters — General Mills on Monday said it saw record demand for its pantry staples, becoming the latest packaged food maker to see business spike during the COVID-19 pandemic, as homebound shoppers stocked up on comfort foods during lockdowns. The company joins Nomad Foods, Premier Foods, Nestle, Mondelez and other processed food makers, which have […] Read more
More Mexican beef headed to U.S. dinner tables as supply crunch bites
"I think we're going to leap past Canada this year"
Mexico City/Chicago | Reuters — More Mexican steaks and other beef cuts are headed north of the border after the coronavirus outbreak has hobbled U.S. meat processing plants, potentially offsetting fears of shortages affecting businesses from fast-food chains to grocery stores but angering U.S. ranchers. The Mexican industry chalks up the export growth to new […] Read more
Australia requests China trade talks over beef, barley
Sydney | Reuters — Australia’s trade minister is seeking urgent talks with his Chinese counterpart after key agriculture exports were hit with suspensions and tariff threats, but said Australia will continue to push for an inquiry into the COVID-19 outbreak. Trade minister Simon Birmingham requested a telephone call with Chinese commerce minister Zhong Shan after […] Read more