You may want to call first to see if it’s open, but many auction marts in Alberta were still having sales on Tuesday morning. The Livestock Marketing Association of Canada has a conference call set for this evening to discuss COVID-19 safety measures for staff, customers and buyers, said Chance Martin, an LMAC director and […] Read more
Livestock auction marts to decide on next steps
Livestock Marketing Association of Canada pondering next move in face of pandemic
Where to get information on COVID-19 in Alberta
Reading Time: < 1 minute The provincial government website at alberta.ca 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 […] 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
Impacts on ag expected as COVID-19 rocks markets
Farmers urged to manage expenses
Stocks continuing to plunge during the COVID-19 coronavirus pandemic have left agricultural producers in Canada concerned about the potential impact. Thursday marked the biggest drop in Canadian stocks in 80 years, highlighted by many economists warning the country is on the brink of recession. Beyond growing fears of COVID-19’s economic impact, oil and gas stocks […] 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
Ag chem industry watching COVID-19’s spread
MarketsFarm –– China is a major producer of agricultural chemicals — and disruptions to production would have a ripple effect on North American supplies of crop protection inputs, such as herbicides and insecticides. Plant closures and transportation issues due to the spread of COVID-19 coronavirus are being followed closely, but the Canadian industry is reportedly […] Read more
U.S. grains: Soy, wheat, corn up on economic stimulus hopes
Recovery continues off COVID-19-related pressure
Chicago | Reuters — U.S. grain and soybean futures rose on Tuesday on technical buying and expectations for a co-ordinated global effort to offset the economic impact of the coronavirus outbreak. The U.S. Federal Reserve cut interest rates in an emergency move designed to shield the world’s largest economy from the COVID-19 virus, whose global […] Read more
CBOT weekly outlook: Coronavirus, other factors grip markets
MarketsFarm — As fears of a worldwide pandemic of the COVID-19 coronavirus increase, markets, including the Chicago Board of Trade (CBOT), are seen to have been taking a beating. “The perception is, it’s going to get worse, that trade is going to struggle,” said Steve Georgy, president of Allendale Inc. at Fort McHenry, Ill., analogizing […] Read more
Coronavirus stalls talks with China on canola ban
Officials 'not in position to pursue technical discussions,' Bibeau says
Ottawa | Reuters — The coronavirus outbreak has stalled talks between Canada and China about Beijing’s decision to block Canadian canola seed shipments, Agriculture Minister Marie-Claude Bibeau said Friday. China, angry at Canada’s detention of a top Huawei Technologies executive in December 2018, blocked all imports of canola seed last March on the grounds they […] Read more
U.S. livestock: Cattle rise on broad commodity strength
Nearby hogs down on weak cash values
Chicago | Reuters — U.S. live cattle futures closed higher on Wednesday, bouncing off a four-month low on bargain buying along with broad-based strength in equity and commodity markets as fears subsided about the impact of the COVID-19 coronavirus outbreak in China. The benchmark April live cattle futures contract on the Chicago Mercantile Exchange (CME) […] Read more
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