Washington | Reuters — Increased demand for eggs in the United States has sent egg prices soaring in recent weeks as consumers scramble to stock up on staples due to coronavirus shutdowns. Wholesale prices of “Midwest large” eggs hit an all-time high of $3.09 a dozen on Thursday, triple their level in early March, before […] Read more
U.S. egg prices hit record levels as pandemic buying boosts demand
CFA seeks immediate cash for farmers
Farm and industry leaders say more needed beyond measures already announced
The Canadian Federation of Agriculture wants the federal government to provide immediate stimulus to farmers through business risk management (BRM) programs as part of its ongoing response to COVID-19. At a recent board meeting, the organization representing about 200,000 farmers across Canada passed motions calling for increased funding to the AgriInvest BRM program — and […] Read more
Farm suppliers race COVID-19 spread for planting season
Winnipeg/Chicago | Reuters — North America’s biggest farm suppliers are accelerating shipments of fertilizer, seeds and agricultural chemicals to crop-growing regions in an unprecedented race against the coronavirus that threatens to disrupt planting season. The timing could not be worse for farmers preparing to plant crops. Disruptions in deliveries of fertilizer, seeds or chemicals could […] Read more
Make food supply chain an essential service, says Alberta’s ag minister
Things are working well and there is no need for hoarding or panic buying, says Devin Dreeshen
Reading Time: 2 minutes Alberta’s food supply chain is stable and is functioning — but it’s essential to keep goods flowing across the U.S. border, says the province’s agriculture minister. “We have put in an official request to the federal government to deem the entire food supply chain as an essential service to ensure a safe and stable food […] Read more
No need to ramp up egg production, says official
Some stores are limiting egg sales but the problem is panic buying, not a production shortage
Reading Time: < 1 minute Alberta egg farmers aren’t planning to ramp up production as the recent surge in egg sales is expected to be temporary. “For us, the shortage this past week was from consumers overbuying,” Egg Farmers of Alberta spokesperson David Webb said March 25. In order to thwart panic buying or hoarding, many grocery stores are limiting […] Read more
CBOT weekly outlook: Wheat futures underpinned for now
However, traders still watching headlines
MarketsFarm — U.S. wheat futures have climbed higher over the past week, with the largest gains in Chicago Board of Trade soft wheat, as global uncertainty over the COVID-19 pandemic provided some support. However, that uncertainty could also makes predicting market trends rather difficult, according to an analyst. “All of my comments come with a […] Read more
2018 cash advance deadline extended on pandemic concerns
Western Canadian farmers had more than $100 million coming due this month
Reading Time: 3 minutes Grain and livestock producers with a cash advance from 2018 will have until September to pay back their loan. “Hopefully, this will give them enough time to get it paid down so that we’re not forcing them into a default situation,” said Rick White, president and CEO of the Canadian Canola Growers Association, one of […] Read more
‘Essential’ travel rule fuzzy on farmers picking up parts, inputs
U.S. border officers will have final say on Canadian farmers' cross-border business trips
Whether Canadian farmers can continue to pick up machinery parts and other products for their operations in the United States is at the discretion of U.S. Customs and Border Protection officers. At 11:59 p.m. ET Friday, Canada and the U.S. temporarily restricted non-essential travel between the two nations to try and slow the spread of […] Read more
It might seem far off — but a bright new future is before us
Country’s top bank says there’s ‘a historic opportunity’ ahead — and Alberta ag colleges are preparing for it
Reading Time: 5 minutes Although no one can say how much devastation will be caused by COVID-19, experts in both disease outbreaks and economics all agree on one point — this crisis will pass. And if the country’s biggest bank and the province’s leading ag colleges are right, the future will be bright. “Technology is disrupting sectors across the […] Read more
Decision on temporary foreign workers a boost for Alberta beekeepers
Beekeepers rely heavily on seasonal agricultural workers and would have had to downsize without them
Reading Time: 2 minutes The federal government’s decision to allow seasonal agricultural workers into the country is good news for Alberta’s beekeepers. The ag sector had feared border closures would keep out these workers and devastate sectors such as fruit and vegetable production. But Canadian beekeepers also rely on temporary foreign workers — about 1,500 are hired each year […] Read more
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