Chicago/Winnipeg | Reuters — North American flour mills and bakeries are rushing to boost production as the spread of the COVID-19 coronavirus leads to consumer stockpiling of staples such as bread and pasta. The virus’ spread prompted orders to stay at home in some U.S. states, including New York, California and Illinois last week, following […] Read more
North America’s millers, bakers scramble to satisfy bread binge
U.S. grains: Wheat jumps to one-month top
Soy climbs, corn little changed
Chicago | Reuters — U.S. wheat futures surged nearly four per cent on Monday and hit a one-month high, buoyed by strong buying by domestic flour millers as consumers stockpile bread, and signs of a pick-up in global export business, traders said. Soybeans rose on expectations of rising demand for soymeal, a feed ingredient. Corn […] Read more
Solid demand, logistics underpin durum bids
MarketsFarm — Durum bids in Western Canada have found some support from solid demand and logistical issues elsewhere in the world. Anecdotal reports of pasta hoarding, due to COVID-19 coronavirus concerns, were also somewhat supportive. Cash durum bids in Saskatchewan are currently in the $7.50-$8 per bushel range, according to Prairie Ag Hotwire data. That […] Read more
Cash advance repayment deadlines extended
FCC gets added capital to boost lending capacity
Canadian farmers who have repayment deadlines coming up on their cash advances between now and the end of April will get extra time to repay those loans. The federal government on Monday announced a stay of default on loans coming due on or before April 30 under the Advance Payments Program (APP), among other measures […] Read more
Alberta Milk working to increase milk supply
Demand for milk and dairy products has jumped, but Alberta Milk is increasing deliveries to processors
Reading Time: 2 minutes [UPDATED: Mar. 24, 2020] Alberta Milk is aware of milk shortages in the province and is addressing them, says a spokesperson. “There are shortages happening across the province and we’re trying really hard to react to them,” Karlee Conway said March 23. “I think it comes back to people hoarding milk and products — and […] Read more
In the face of this crisis, we will all carry on
Those on the front lines will be in our thoughts but so too will be farmers
Reading Time: 2 minutes As our March 23 edition of Alberta Farmer was being prepared — the paper was printed on March 17 — the COVID-19 situation was changing by the hour. Like everyone on the planet, those who grow and raise food will be wondering how this pandemic will change their lives. So readers may be struck by […] Read more
Where to get information on COVID-19 in Alberta
Reading Time: < 1 minute The provincial government website offers a wide range of information on the COVID-19 pandemic. The site has information on the current number of cases in Alberta (with a regional breakdown) and Canada, the number of tests conducted in the province, and updates from Alberta’s Chief Medical Officer of Health, Dr. Deena Hinshaw. There are also […] Read more
Panic buying, lockdowns may drive world food inflation
World has ample grain and oilseed supplies, FAO and analysts say
Singapore | Reuters — Lockdowns and panic food buying due to the coronavirus pandemic could ignite world food inflation even though there are ample supplies of staple grains and oilseeds in key exporting nations, a senior economist at FAO and agricultural analysts said. The world’s richest nations poured unprecedented aid into the global economy as […] Read more
Beef sector mobilizes against supply disruptions
Keeping border open, meeting demand for beef are top priorities
Teams of livestock and government officials are quickly creating plans and policies to keep the sector functioning during the COVID-19 pandemic, says the executive vice-president of the Canadian Cattlemen’s Association. “Our primary objective obviously is to insure there is stable beef production and trade that can continue under the situation with the COVID-19 pandemic,” Dennis […] Read more
Auction marts urged to introduce social distance
Cattle are still flowing through auction marts as scheduled
The Livestock Markets Association of Canada wants to see more social distance at auction marts in the wake of COVID-19. The association has released an emergency response policy, asking its members to implement social distancing and prevention measures against the virus. “What we are looking at is trying to get a consistent message out to […] Read more
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